Nvidia to Record $5.5B Charge as US Cracks Down on Chip Exports to China

Nvidia to Record .5B Charge as US Cracks Down on Chip Exports to China

KEY TAKEAWAYS

  • Nvidia said it is set to take a $5.5 billion first-quarter charge after the U.S. limited exports of its artificial intelligence (AI) chips to China.
  • The news, the latest salvo in an escalating trade war between Washington and…

Article Source
https://www.investopedia.com/nvidia-to-record-usd5-5b-charge-as-us-cracks-down-on-chip-exports-to-china-11716119