Nvidia is writing off $5.5 billion on H20 chips, reason: It 'cannot sell' to China as ...

Nvidia faces a potential $5.5 billion write-off in fiscal year 2026 due to new U.S. export restrictions on its H20 chips shipped to China. The U.S. government's stricter controls aim to prevent the chips from being used in Chinese supercomputing projects, escalating the tech rivalry between the two nations.

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