NVIDIA anticipates losses of up to 5.5 billion dollars after Trump has limited its sale of chips to China
Nvidia has communicated to the United States Stock Exchange and Securities Commission (SEC) that provides A position of up to 5.5 billion dollars (about 4,838 million euros) in its results of the first quarter for the decision of the Donald Trump government of demand a license to export to Chinaincluding Hong Kong and Macao, Integrated H20 chips.
In its communication to the American supervisor, the company explains that on April 9 it was informed by the Trump administration that a license to sell to China or companies with headquarters or matrix in the Asian giant, as well as to the countries D5, the integrated circuits H20 and any other circuit that reaches the bandwidth By memory, the interconnection bandwidth or the combination of both of the H20.
“The US government indicated that the license requirement addresses the risk that covered products They can be used in a super -tank in China or deviate towards it“Nvidia points out in his statement to the SEC.
The technology company indicates that on April 14 it was informed by the United States government that this license requirement will be in force “For an indefinite time“
Due to these circumstances, NVIDIA accounts of the first quarter will include up to approximately 5.5 billion dollars of charges associated with H20 products “By inventory, purchase commitments and related reservations“
After making this information known, the titles of the Microprocessor and Chips manufacturer 6.3% collapsed In the market After Hourafter having closed the session positive.
