From Barchart: 2025-04-16 02:13:00

Nvidia faces a $5.5 billion charge due to new U.S. export restrictions on its H20 AI chip, impacting sales to China. AMD also drops 7% in response to the rules. The H20 chip, crucial for Chinese tech giants, focuses on AI “inference” tasks, vital for real-time processing. Nvidia plans to pivot to other markets amidst geopolitical challenges.



Read more at Barchart:: Nvidia Takes $5.5 Billion Hit as U.S. Tightens AI …