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Nvidia missed out on $2.5 billion in additional revenue during the first quarter of this year, after the Trump administration placed fresh restrictions on exports of its H20 artificial intelligence ...
Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.
Nvidia expects revenue of $45 billion in the second quarter, plus or minus 2 per cent. That comes after taking an $8 billion hit due to export control limits related to the H20 chip.
The company continued to grow fast in its most recent quarter despite new rules restricting the sale of A.I chips to China.
Nvidia topped quarterly earnings expectations despite concerns about mounting U.S.-to-China export restrictions.
Sales will be about $US45 billion in the fiscal second quarter, which runs through July and that includes a loss of $US8 ...