Nvidia predicts $ 5.5 billion in H20-Exort-related costs to China and other nations
H20 chips were already intended to be optimized for the Chinese market
Business shares are down, market capital remains below $ 3 trillion
NVIDIA faces a massive $ 5.5 billion quarterly fee due to new US export restrictions on its H20 AI chips intended to China and other destinations, with the company’s stock taking a decrease after revelation.
From April 9, the US government imposed a license for NVIDIA to export H20 chips to certain countries without any end date marked a precious change for the chipmaker.