Gaming PC

U.S. Export Rules May Cost Nvidia $400 Million, Prevent Completion of H100 Development

Nvidia said late Thursday that recently announced US export regulations require the company to obtain an export license to sell high-performance graphics processors to China. On the one hand, these new policies could already cost the company about $400 million in revenue this quarter. On the one hand, this will prevent him from completing the development of the H100 early, which may further affect the sales of the company’s data center products.

“On August 26, 2022, the U.S. Government or USG will inform Nvidia that the USG will take effect immediately on future exports of our A100 and future integrated H100s to China (including Hong Kong) and Russia. We have notified you that we have imposed new licensing requirements. statement (opens in new tab) According to Nvidia reading.

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