In a regulatory filing, the Santa Clara, Calif.-based firm said the U.S. government will require it to get federal licenses for exports of its H20 circuits to China and countries subject to U.S. arms embargoes. The chipmaker is forecasting a US$5.5 billion hit in its first-quarter results because of the new restrictions. (The Logic)
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In a regulatory filing, the Santa Clara, Calif.-based firm said the U.S. government will require it to get federal licenses for exports of its H20 circuits to China and countries subject to U.S. arms embargoes. The chipmaker is forecasting a US$5.5 billion hit in its first-quarter results because of the new restrictions. (The Logic)
Talking point: The H20 is a less powerful version of Nvidia’s flagship graphics processing unit (GPU) designed specifically to comply with Washington’s Beijing-focused chip export controls, so the new U.S. limits on where the firm can sell it and to whom are a blow to Nvidia’s business in China. The U.S. is concerned that the GPUs will be used in “a supercomputer in China,” the firm said in its filing. Nvidia’s stock was trading down more than nine per cent Wednesday on the news.
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