Brief by Shorts91 Newsdesk / 05:41am on 16 Apr 2025,Wednesday International
Nvidia expects a $5.5 billion hit after the U.S. government imposed tighter export restrictions on AI chips to China. The ruling affects Nvidia's H20 chip, a major seller in China, now requiring a license for export, including to Hong Kong. Officials cited concerns over potential use in Chinese supercomputers. Nvidia's shares fell nearly 6% in after-hours trading. Analysts say while the loss is significant, Nvidia can absorb it. Experts warn the move may signal a broader tech decoupling between the U.S. and China, especially in the critical AI semiconductor sector, as both nations intensify their trade and tech rivalry. (PC: Getty Images)
