Nvidia Can't Be Stopped, Apple Falls Behind, and the AI Data Center Race: Tech News Roundup - Quartz - WiredFocus

Nvidia can't be stopped, Apple falls behind, and the AI data center race: Tech news roundup - Quartz - WiredFocus

Photo Most companies can’t shrug off an $8 billion loss. Then again, most companies aren’t Nvidia (NVDA). On Wednesday’s first-quarter earnings call, Wall Street zeroed in on Nvidia’s obvious weak spot: China. Thanks to U.S. export restrictions, Nvidia’s custom-built H20 chips, designed to skirt earlier rules, have essentially been made worthless. Nvidia CFO Colette Kress confirmed the damage: “Had the export controls not occurred, we would hav…

NVIDIA Posts $4.5B Q1 Charge Over US Export Restrictions

NVIDIA incurred charges worth $4.5 billion in the first quarter ended April 27, 2025 (Q1FY26), due to licensing requirements imposed by the U.S. on its H20 chip exports to China, the company revealed in its quarterly financial report. The tech giant said its sales of H20 products totaled $4.6 billion for Q1FY26 before the restrictions came into effect. “NVIDIA was unable to ship an additional $2.5 billion worth of H20 products revenue in the fir…

Nvidia's chips became the key technology for artificial intelligence. The Group achieved rapid growth. However, US export hurdles push business in China. The AI boom continues to grow rapidly despite problems in the Chinese business. Last quarter, sales jumped 69 percent year-on-year to around 44.1 billion dollars (38.8 billion euros). Nvidia thus exceeded Wall Street's expectations. Compared to the previous quarter, there was an increase of 12 …

Nvidia Faces Billions in Revenue Loss from H20 Chip Licensing Requirements

Nvidia reported a $4.5 billion charge in Q1 as a result of licensing requirements that hindered the sale of its H20 AI chip to Chinese companies, impacting its revenue projections. The licensing restrictions have led to a significant financial setback for Nvidia, causing concerns about its future earnings and market position in the AI chip industry. The post Nvidia Faces Billions in Revenue Loss from H20 Chip Licensing Requirements appeared firs…