Trump derails Chinese H20 GPU sales, forcing Nvidia to eat $5.5B this quarter

World War Fee The Trump administration's latest salvo in the US-China trade war has forced Nvidia to take a $5.5 billion charge, the GPU goliath revealed in a Tuesday regulatory filing that sent its stock tumbling in after-hours trading.

Details so far are light, but it is clear it's tied to newly implemented export controls essentially barring the sale of Nvidia's H20 AI accelerators into China, Hong Kong, and other nations of concern. Uncle Sam has the option of granting special licenses allowing at least some orders to flow into the Middle Kingdom; so far, Nvidia won't be able to shift its precious silicon quite as expected.

Nvidia learned of the clampdown on its processors on April 9 and was later informed the licensing requirement would remain "in effect for the indefinite future."

According to its regulatory filing [PDF] to America's financial watchdog, the ...