Nvidia, a leading technology company specializing in graphics processing units (GPUs), has warned that US export restrictions on advanced chips destined for China will severely impact its financial performance. The company anticipates a significant loss of $5.5 billion due to these regulations, which have been implemented to curb the potential transfer of sensitive technologies to Beijing. This development signifies a major shift in US policy towards China’s technology sector and could further exacerbate geopolitical tensions between the two nations.
Nvidia Faces $5.5 Billion Blow as US Tightens Chip Exports to China
