Nvidia Plunges After US Imposes License On H20 Chip Sales To China, Slaps Company With $5.5 Billion Charge

Biztoc.com - April 15, 2025

Nvidia Plunges After US Imposes License On H20 Chip Sales To China, Slaps Company With $5.5 Billion Charge

Nvidia Plunges After US Imposes License On H20 Chip Sales To China, Slaps Company With $5.5 Billion Charge Nvidia tumbled in afterhours trading after the company said the US government will begin requiring a license to export the company’s H20 chips to Chin…

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