NVIDIA: Warning of a Charge of $5.5 Billion due to Export Restrictions for Chips to China

NVIDIA Corporation (NASDAQ: NVDA) has announced that it expects a charge of up to $5.5 billion related to the export of its AI chips to China. This is stated in a communication from the semiconductor company to the US Securities and Exchange Commission (SEC). The graphics card manufacturer stated on April 15, 2025, that its results for the first quarter are expected to include this charge. It is related to the AI chips of the type H20 due to inventory, purchase commitments, and associated provisions. H20 Chip: technological lag Behind current...