Home Stocks Nvidia to record $5.5 billion in charges due to U.S. export ban on its H20 chip for China

Nvidia to record $5.5 billion in charges due to U.S. export ban on its H20 chip for China

by Deidre Salcido
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Nvidia Corp.’s shares were tumbling in after-hours trading Tuesday, after the chip giant disclosed in a regulatory filing that it expects to include charges of up to $5.5 billion in its fiscal first quarter related to licensing of its chips to the Chinese market.

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