Site icon VMVirtualMachine.com

Nvidia sees $2.5 billion Q1 revenue loss from Trump’s China chip export ban, warns of more

Nvidia sees .5 billion Q1 revenue loss from Trump’s China chip export ban, warns of more

Nvidia (NVDA) said it lost $2.5 billion in revenue from China during its fiscal first quarter and projected an additional $8 billion loss in the second quarter.

Nvidia also said it took a $4.5 billion charge due to a write-down in…

Article Source
https://finance.yahoo.com/news/nvidia-sees-25-billion-q1-revenue-loss-from-trumps-china-chip-export-ban-warns-of-more-170141068.html

Exit mobile version