- Title: US bans Nvidia chip exports to China
- Date: 16th April 2025
- Summary: US bans Nvidia chip exports to China ***FILE FOOTAGE*** SHOTLIST CALIFORNIA, US (AUGUST 28, 2024) (ANADOLU – ACCESS ALL) (NIGHT SHOTS) (FILE FOOTAGE) 1. VARIOUS OF LARGE SIGN OUTSIDE HQ BUILDING READING “NVIDIA 2788-2888 SAN THOMAS” 2. VARIOUS DRONE SHOTS OF NVIDIA HQ SCRIPT In an escalation of the tech war between China and the US, Washington has banned chip giant Nvidia from selling its H20 chips to China for the "indefinite future," according to a filing by Nvidia on Tuesday. Nvidia said that it expects to write down charges of up to $5.5 billion in its fiscal first quarter, due to US export requirements now imposed on its H20 chips for the Chinese market. The US administration informed Nvidia on April 9 that it would require a license for export to China (including Hong Kong and Macau) and D:5 countries, or to companies headquartered or with an ultimate parent therein, of the Company’s H20 integrated circuits and any other circuits achieving the H20’s memory bandwidth, interconnect bandwidth, or combination thereof. "The USG indicated that the license requirement addresses the risk that the covered products may be used in, or diverted to, a supercomputer in China," it said. On Monday, the US government informed the Nvidia that the license requirement will be in effect for the indefinite future. Nvidia's shares fell by 6.3% in after-hours trading following the news. The additional limitations show that Trump will continue to support Washington's efforts to curb China's aspirations in artificial intelligence and semiconductors. Along with the new tariffs on China, which the White House said may go up to 245% on late Tuesday, the US seeks to restrict China's ability to produce and acquire advanced chips and semiconductors.
- Embargoed:
- Keywords:
- Location: No-Data-Available
- Topics: Current or spot news
- Reuters ID: OWANACAAVIDEO2025041637647013
- Aspect Ratio: 16:9
- Story Text:
- Copyright Holder: Anadolu Agency
- Copyright Notice: This asset – including all text, audio and imagery – is provided by a third party. Screenocean has not verified or endorsed the material, which is being made available to professional media customers to facilitate the free flow of global news and information.
- Usage Terms/Restrictions: Broadcasters: NONE Digital: NONE . For Reuters customers only.