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Nvidia To Take $5.5 Billion Hit Over China Chip Export Restrictions — But Top Analyst Dan Ives Not Overly Concerned: 'All Part Of The High Game Of Poker'
Description
Nvidia will take a multibillion-dollar hit tied to U.S. export restrictions, but a top analyst says the long-term story remains intact. On Tuesday, Nvidia said it would take a $5.5 billion charge this quarter related to halted shipments of its H20 graphics processing units to China and several other markets.
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#H20 chips
#H20 graphics processing units
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