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Nvidia expects $5.5bn hit as US tightens chip export guidelines to China

admin1 year ago1 year ago05 mins

Microchip maker Nvidia stated it will be hit with $5.5bn (£4.2bn) in prices after the US authorities tightened export guidelines to China. The chip manufacturing large, which has been on the coronary heart of the unreal intelligence (AI) increase, would require licences to export its H20 AI chip to China, which has been considered one…

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