yahoo.com_3 (nprofile…gnh6)
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
yahoo.com_3 / Yahoo! News
npub12g…hagp2
2025-05-28 23:12:47
Author Public Key
npub12gl86kmf4x9fcvm5zpvnfjjz4gfjge09lzvhzvf8l77ggdfjj3wqjhagp2Seen on
wss://articles.layer3.newsPublished at
2025-05-28 23:12:47Event JSON
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"Nvidia's fiscal first quarter ended on April 27, shortly after the Trump administration enacted a ban on sales of Nvidia's H20 chips to China. The company reported a revenue loss of $2.5 billion from China, below the expected $6.2 billion. Nvidia also took a $4.5 billion charge due to a write-down in inventory. The company's CEO, Jensen Huang, stated that the $50 billion China market is effectively closed to US industry and that the new export rules make it impossible for the company to reduce Hopper any further for productive use. Nvidia is exploring alternative products to serve the Chinese market, but has not yet found a solution."
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