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US stocks slump as Nvidia sounds warns of $5.5B charge over new chip export restriction
The Commerce Department announced it is mandating new licensing requirements for Nvidia and AMD to export popular chips to ...
Nvidia takes $5.5 billion hit as US clamps down on its China chips
Nvidia is caught in the middle of an escalating trade war between the world’s two largest economies. Nvidia on Tuesday said ...
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Nvidia expects $5.5-B hit as US targets chips sent to China
Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement ...