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Nvidia said it expected to take a $ 5.5 billion after the United States has suppressed its ability to export artificial intelligence in China, sending the actions of the Silicon Valley giant sliding in trade after working hours.
The group said in a regulatory file late Tuesday that the H20 chip, which is suitable for the Chinese market to comply with export controls which already prevent the sale of its most powerful chips in China, will now require a special license to sell to customers.
Nvidia said the United States said this decision was necessary to respond to the risk that H20 ships are used in “a supercomputer in China”.
The flea manufacturer said it would take a $ 5.5 billion in the quarter until April 27 concerning the H20 fleas. Its shares dropped 6% of exchanges after opening hours on Tuesday, while the term contracts following the NASDAQ 100 index focused on technology has decreased by more than 1%.
Washington’s repression on H20 fleas is the latest example of how the United States uses prices and other commercial barriers to increase the pressure on Beijing. President Donald Trump has already increased rates on Chinese imports to 145%, although some consumer electronics have received a temporary stay.
The White House press secretary Karoline Leavitt urged China on Tuesday to conclude a new trade agreement with the United States, “the ball is in the Chinese court”.
The move of the United States also underlines how the designer of fleas at the heart of the Boom of the AI, who saw uncontrolled growth in last year and briefly became the most precious company in the world, is exposed to geopolitical tensions between Washington and Beijing.
Trump’s administration launched a national security survey on Monday that could lead to new prices on semiconductors, as it immediately holds by applying more steep samples from chips.
The restrictions are involved despite the fact that the CEO of Nvidia, Jensen Huang, joins other technology leaders to try to court Trump. Huang recently dined with Trump in his seaside resort of Mar-A-Lago and also met the president at the White House in January.
Nvidia also said on Monday that it would spend up to half a bill of dollars on American AI infrastructure over the next four years thanks to partnerships with companies such as TSMC and Foxconn in Taiwan. The Financial Times first reported on its investment plans.
The company presented its H20 chip focused on China last year after the Biden administration imposed export controls of its chips.
They are less powerful than its higher range of graphic processing units, or GPU, coveted by Microsoft, Openai, Google and Amazon.
Despite its reduced performance, the H20 has always experienced high demand in China. But Beijing has taken measures to encourage local technological companies to use local fleas to companies such as Huawei, and could freeze Nvidia products with new rules of energy efficiency.
Nvidia’s shares have been down around 16% since the start of the year, from Tuesday’s fence, while anxieties are mounting on the increasing arms race between the United States and China around the infrastructure that feeds AI. They were also swept away in a wider market rout launched by the escalation of the trade war.
The deployment of new NVIDIA IA chips has reached stumbling blocks, because successive American administrations have sought means to control the export of technology.
Former President Joe Biden has introduced radical restrictions on flea -related technology that included measures aimed at Nvidia to fear that its fleas allow China to modernize its soldiers more easily.
Since he took office, Trump has unveiled a range of measures suggesting that he intends to continue pressure to put pressure on China to make his soldiers more difficult for American technology.
The United States fears that China will no longer succeed in construction supercomputers, which can be used for everything, from the development of hypersonic weapons to the modeling of nuclear weapons, to help the Popular Liberation Army.
China has repeatedly accused the United States of using national security tools, such as export controls, to strangle its economic development. The China Embassy in Washington and the White House were contacted for comments.
A rule of “disseminating the AI”, introduced in the last days of the Biden administration, is expected to come into force in May unless the Trump administration decides to relax it. It would impose much stricter controls on the place where the most powerful American fleas can be exported, using a “several level” license system that caps exports for all except a small number of countries.
Last week, the Republican senators wrote to the Secretary of Commerce, Howard Lunick, asking the administration to remove the rule, which faced a decline in the industry, in particular Nvidia.
