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Nvidia Takes $4.5B Inventory Charge Due to Chip Trade Policy
pymnts.com/earnings/2025/nvidia-takes-4-5b-inventory-charge-due-to-chip-trade-policy
Nvidia CEO Jensen Huang told analysts Wednesday (May 28) that recent U.S. export-control changes are reshaping the company’s growth plans in China even as global demand for artificial intelligence (AI) infrastructure accelerates.
The new rules require U.S. chipmakers to secure licenses…
This story appeared on pymnts.com, 2025-05-29 00:24:47.