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2025-05-28 23:13:08
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Yahoo! News - by layer3.news on Nostr: yahoo.com_3 ✍️ Nvidia reported a $2.5 billion loss in revenue from China during ...



✍️ Nvidia reported a $2.5 billion loss in revenue from China during its fiscal first quarter, citing the new export rules and a write-down in inventory. The company also projected an additional $8 billion loss in the second quarter.
👉 Nvidia reported a $2.5 billion loss in revenue from China during its fiscal first quarter
👉 The company took a $4.5 billion charge due to a write-down in inventory
👉 Nvidia projected an additional $8 billion loss in the second quarter
👉 The company's CEO stated that the $50 billion China market is effectively closed to US industry
👉 Nvidia is exploring alternative products to serve the Chinese market

#JensenHuang #ColetteKress #GilLuria #LauraBratton #China #Singapore #US #technology

https://s.yimg.com/ny/api/res/1.2/YHUgHLa.BpIaShI3saUWCw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-05/a2083fd0-3afa-11f0-bd57-8d5196ffa5fd

https://finance.yahoo.com/news/nvidia-sees-25-billion-q1-revenue-loss-from-trumps-china-chip-export-ban-warns-of-more-170141068.html

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