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TaiwanPlus on MSNNvidia Expects US$5.5B Hit From U.S. Trade Restrictions - TaiwanPlus NewsNvidia is expecting a US$5.5-billion hit after the U.S. imposed new export licensing requirements on its H20 chips sold to China.
"The stock has become a victim of its own success," Bespoke's Paul Hickey told Business Insider.
Nvidia's H20 was the most advanced AI chip the company could still export to China. Now, it faces restrictions.
Wall Street opened deep in the red Wednesday, with tech stocks leading the retreat as U.S.-China chip tensions spooked ...
All is not lost when it comes to investing in Nvidia. Here's what Lawrence McDonald of the Bear Traps Report has to say.
Nvidia has warned it will take a $5.5bn (£4.1bn) hit as Donald Trump’s trade war raises barriers to its operations in China.
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