Wednesday, 16 April, 2025

U.S. Imposes Export Licensing on Nvidia and AMD AI Chips to China, Prompting $5.5B Nvidia Charge

The U.S. Commerce Department announced new export licensing requirements for advanced AI chips, including Nvidia's H20 and AMD's MI308, when exporting to China. The move aims to safeguard national security by restricting China's access to cutting-edge semiconductor technology. As a result, Nvidia anticipates a $5.5 billion charge due to potential lost sales in the Chinese market.