Nvidia expects to take $5.5bn hit as US tightens AI chip export rules to China | Nvidia
Nvidia says it expects a $5.5 billion (£4.1 billion) hit after Donald Trump’s administration banned chip designers from selling important artificial intelligence chips in China. In an official submission late Tuesday, the company said the H20 AI chip, specially designed for the Chinese market to comply with export controls, would require a special license to […]