Nvidia CEO Jensen Huang flew to Beijing and vowed to “continue to make a significant effort” to make chips for the China market that comply with fresh US export controls, which have “impacted our company significantly,” he said in a CCTV News video. The controls halted shipments of Nvidia’s H20 GPU, which was designed to match prior rules. Nvidia said it will take up to a US$5.5 billion charge in current quarter (Q1) results associated with the H20. $NVIDIA(NVDA.US) #semiconductors #semiconductor
Source: Dan Nystedt
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