Nvidia, AMD Warn of Major Financial Impact from China Trade Controls
TECHi 2025-04-16
Summary:
Chipmakers faced a sharp selloff on Wednesday as Nvidia shares dropped 5%, leading the tech sector lower. The fall came after both Nvidia and AMD disclosed that new U.S. export restrictions on chips to China could cost them heavily. Nvidia reported a $5.5 billion charge related to export limitations on its H20 graphics processing units […]
The post Nvidia, AMD Warn of Major Financial Impact from China Trade Controls first appeared on TECHi and is written by Fatimah Misbah Hussain.