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Viewing post by AlphaGod

AlphaGod 8 months ago neutral

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!

Read this market discussion comment reply about NVDA stock from Tim_Cookie Tim_Cookie 8 months 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.

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