Nvidia is writing off $5.5 billion on H20 chips, reason: It ‘cannot sell’ to China as …
Nvidia announced a potential write-off of up to $5.5 billion in its fiscal first quarter of 2026 (ending April 27, 2025) due to new U.S. export licensing requirements for its H20 chips shipped to China. The announcement, detailed in a stock market filing on April 14, 2025, follows the U.S. government’s decision to impose stricter…