Nvidia warns of China risks due to tech conflict, praises Trump, forecasts $45 billion sales.

From Yahoo Finance: 2025-05-28 21:51:00

Nvidia reports a 69% sales growth but warns of emerging risks due to U.S.-China tech conflict. Restrictions on Chinese open-source AI models and connected-vehicle tech could impact business. Export curbs cost $2.5 billion in sales, with another $8 billion hit expected. China business accounts for 12.5% of overall revenue.

Nvidia CEO praises Trump for rescinding an export rule but criticizes new export curbs, costing $2.5 billion in sales. Despite challenges, Nvidia forecasts $45 billion in sales for Q2, highlighting deals in Saudi Arabia, UAE, and Taiwan. Market value set to increase by $130 billion.

Republican and Democratic senators raise national security concerns about Nvidia’s Shanghai R&D facility plans. Nvidia clarifies it is simply leasing space for existing employees. Company shares rise 4% after U.S. trade court blocks Trump’s proposed tariffs, boosting investor sentiment.

Huang emphasizes the importance of U.S. tech leadership in AI, supporting collaboration with global developers. Despite challenges, Nvidia’s growth narrative remains strong. Deals in the Middle East create jobs, advance infrastructure, and reduce trade deficit. Future plants will be highly computerized and staffed with robots.



Read more at Yahoo Finance: Nvidia discloses more China risks, but CEO praises Trump