The chip group Nvidia estimates the lost business due to the tightened export restrictions of the US government to $ 15 billion.
This loss of sales is added to the already reported depreciation of $ 5.5 billion for inventory, said Nvidia boss Jensen Huang in the “Stratechery” podcast.
At the same time, he said that China’s export hurdles would not prevent artificial intelligence. But in the country, the “unwanted episode” of US politics creates a isolated AI industry that will later compete with the American worldwide, Huang warned.
Also slimmed down Nvidia chips for China
Already under the previous President Joe Biden, the USA created hurdles for the sale of the most modern high -performance chips to China. Nvidia could therefore only deliver a slower version called H20 to Chinese companies. But even these chip systems have fallen under export restrictions since mid -April in view of Biden’s trading policy.
Anyone who thought that China would take the ability to develop artificial intelligence with the stop of the H20 chips would be “deeply uninformed,” said Huang. Nvidia’s AI chips could not be slimmed down technically either than the H20 version.
Nvidia chips have become a key technique for booming business with artificial intelligence. Chinese AI developers also cannot avoid them.
/So/dp/stk
Santa Clara (dpa-Afx)
By the way: Nvidia and other US shares are even tradable at Finance.net Zero until 11 p.m. (without order fees, plus spreads). Open Depot now for free And receive a free stock as a gift.
Selected leverage products on Nvidia
With knock-outs, speculative investors can participate disproportionately in price movements. Simply choose the desired lever and we will show you suitable open-end products on Nvidia
The lever must be between 2 and 20
Advertising
