Nvidia blindsided by latest trade twist

Proinsias O'Mahony - The Irish Times - 22/04

Chipmaker had understood it might be exempt from new export controls after Mar-A-Lago meeting

Another week, another victim of Trump-related uncertainty – AI giant Nvidia.

Shares in the chipmaker tumbled after it said it would take a $5.5 billion (€4.8 billion) charge due to new US export controls on its less powerful H20 chips, widely used by Chinese tech firms.

Nvidia had believed the chips might be exemp...
[Short citation of 8% of the original article]

Tags: nvidia - donald-trump - us-tariffs -

Source and Copyright images and texts: Proinsias O'Mahony - The Irish Times
Original link, read full article here: https://www.irishtimes.com/your-money/2025/04/22/nvidia-blindsided-by-latest-trade-twist/
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