Nvidia faces $5.5 billion charge due to new export license requirement for H20 chips to China

From Dow Jones & Company: 2025-04-16 08:50:00

U.S. stocks are expected to decline after Nvidia announced it will need a license to export its chips to China, fueling concerns over trade tensions. Dow Jones futures dropped 0.2%, S&P 500 futures fell 0.8%, and Nasdaq 100 contracts tumbled 1.5%.

Nvidia disclosed a $5.5 billion charge on its quarterly earnings due to the new export license requirement for its H20 chips to China. The company’s shares fell 6.3% in after-hours trading following the news.

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