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Nvidia’s Hit From Being Caught in the US-China Tech War Isn’t as Bad as Expected

  • Nvidia reported $44.1 billion revenue with 69% growth in Q1 2025 despite losing $2.5 billion due to halted H20 chip sales to China.
  • The loss followed export restrictions imposed last month by the Trump administration that ended Nvidia's ability to sell AI chips to China.
  • Nvidia took a $4.5 billion charge for excess H20 inventory and unfulfilled purchase obligations caused by these export controls.
  • CEO Jensen Huang called the export controls a failure, stating, “China’s AI moves on with or without us,” and highlighted Nvidia’s exploration of ways to compete in China.
  • Despite challenges, Nvidia exceeded analyst expectations and advanced partnerships to build AI chip factories in Texas and a large AI data center in Abu Dhabi.
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  • 56% of the sources are Center
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Israel Hayom broke the news in Israel on Wednesday, May 28, 2025.
Sources are mostly out of (0)