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Nvidia warns US curbs to cost $5.5 bn
Mint Chennai
|April 17, 2025
President Donald Trump's administration has barred Nvidia Corp. from selling its H20 chip in China, an escalation of Washington's tech battle with Beijing that will cost the company billions of dollars and hamstring a product line it explicitly designed to comply with previous US curbs.
The US government informed Nvidia on Monday that the H20 would require a license to export to China "for the indefinite future." The new rules address Washington's concerns that "the covered products may be used in, or diverted to, a supercomputer in China," the company said in a filing.
This story is from the April 17, 2025 edition of Mint Chennai.
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