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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Nvidia discloses more China risks, but CEO praises Trump
SAN FRANCISCO: Even as Nvidia reported another blockbuster quarter of 69 per cent sales growth on Wednesday (May 28), the maker of artificial intelligence chips warned of more risks to its business emerging in the technology conflict between the US and China. Tucked into Nvidia's quarterly filing with US s
·Singapore
Read Full ArticleNvidia CEO Jensen Huang Outlined 4 Key AI Growth Drivers Despite $8 Billion China Setback — Here's What They Are - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)
Nvidia shrugged off an $8 billion hit from China export curbs by raising guidance, as soaring demand for Blackwell chips and AI infrastructure fuels record growth.
·New York, United States
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R 28%
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