Post by AlphaGod
NVDA expects $15 billion loss in revenue due to "deeply painful" bans on H20 chips.
Last month, the [Trump] administration effectively banned Nvidia’s H20 chips to China by tightening chip export licensing requirements to the Asian country. At the time, Nvidia said it expected to take a $5.5 billion charge related to inventory and purchase commitments from the new restrictions for its fiscal first quarter.
Believe it or not, calls!
↪ Tim_Cookie
1 month ago
I guess when you're valued at ~$3 _trillion_ dollars, maybe a few billion here or there doesn't really make much of a difference. Calls it is, indeed.