Nvidia CEO Jensen Huang introduces new products during a keynote session at the SAP Center in San Jose, Calif. on March 18, 2025. Josh Edelson/AFP via Getty Images
Josh Edelson/AFP via Getty Images
Nvidia says the U.S. government is going ahead with export controls that will limit sales to China of one of its most advanced semiconductor chips used to power artificial intelligence system.
In a filing to the Securities and Exchange Commission on Tuesday, Nvidia said it expects the controls to cost them about $5.5 billion in charges due to the H20 chip inventory and prior sales now covered