Nvidia says it will record $5.5 billion charge tied to H20 processors exported to China
Publishing timestamp: 2025-04-15 21:37:00
Summary
Nvidia to take $5.5 billion charge tied to exporting H20 graphics processing units to China and other destinations, stock slides. U.S. government restrictions on AI chip exports impacting Nvidia's revenue. Nvidia faces new export restrictions and license requirements for H20 chips. Shares of Nvidia, Advanced Micro Devices, and Broadcom decline in after-hours trading. Berkshire Hathaway underperforming after Buffett's exit news.
Sentiment: NEGATIVE
Keywords: donald j. trump, advanced micro devices inc, nvidia corp, china, business news, united states, breaking news: technology, donald trump, broadcom inc,