The Trump administration has barred Nvidia from selling its H20 chip in China, which will cost the company billions of dollars and affect its product line.
The new rules are part of Washington's efforts to limit China's semiconductor and artificial intelligence ambitions, and are seen as an escalation of the tech battle between the US and China.
The restrictions will impact Nvidia's revenue, with estimated writedowns of $5.5 billion, and may also affect other chipmakers, including AMD, Samsung, and SK Hynix. Bloomberg's Michael Shepard Reports.
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The new rules are part of Washington's efforts to limit China's semiconductor and artificial intelligence ambitions, and are seen as an escalation of the tech battle between the US and China.
The restrictions will impact Nvidia's revenue, with estimated writedowns of $5.5 billion, and may also affect other chipmakers, including AMD, Samsung, and SK Hynix. Bloomberg's Michael Shepard Reports.
--------
Watch Bloomberg Radio LIVE on YouTube
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Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
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Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i
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Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy
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