Nvidia unveils $5.5B charge to comply with Trump rule

» Nvidia unveils $5.5B charge to comply with Trump rule




Nvidia revealed Tuesday the Trump administration’s tighter export controls on computer chips will cost the company $5.5 billion. In a filing Tuesday with the Securities and Exchange Commission (SEC), Nvidia said it will take a $5.5 billion charge for the exporting of its H20 graphics processing units to China. Exports of a similar bandwidth are…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *