Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China


Nvidia Corp. may lose as a lot as $400 million in quarterly gross sales after the U.S. imposed new licensing necessities on shipments of a few of its most superior chips to China, the chip maker stated Wednesday.

Nvidia, the U.S.’s largest chip maker by market worth, stated in a regulatory submitting that it was notified on Friday that it might be required to get a license from the U.S. authorities earlier than delivery sure cutting-edge chips to China and Russia.


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