Nvidia unveils $5.5B charge to comply with Trump rule
Nvidia revealed Tuesday the Trump administration's tighter export controls on computer chips will cost the company $5.5 billion.
In a filing Tuesday with the Securities and Exchange Commission (SEC), Nvidia said it will take a $5.5 billion charge for the exporting of its H20 graphics processing units to China. Exports of a similar bandwidth are also subject to the same licensing requirements, according to the filing.
The licensing requirements are related to the risk that Nvidia's...