China chip ban ‘deeply painful’ as $15 billion in sales have been lost as a result

Nvidia ceo jensen huang, ComputeX Trade Show: Monday Taipei said Prohibition of Trump Administration for China’s H20 chips The company cost $ 15 billion for sale.

During Interview with technological analyst Ben ThompsonHuang called the “huge expensive” ban “deeply painful.” He pointed to a $ 5.5 billion charges, which expects to see his first fiscal quarter in his first fiscal quarter.

“No friends have ever written that very inventory in history,” he said. Hotspent[N]Only I am losing $ 5.5 billion. We wrote $ 5.5 billion. We left $ 15 billion and probably … 3 billion dollars worth. “

Wall Street analysts predicted that NVIDIA could see $ 10 billion and hit $ 16 billion to the next quarters, with the last snap of her H20 chips.

NVIDIA has constantly updated its chips for the Chinese market for the last few years to constantly tighten the US trade restrictions, making chips more powerful in each newer.

The last ban on his chips exported last month came as US Government says it is examining Nuidia Through the use of its AI chips in China. It quoted the release Cheap Model of China Ai Model Powered by: NVIDIA’s previous generation H800swho are currently exported to the country.

Huang assumed that NVIDIA could not make another Ai Chip for China’s architecture with current restrictions. “[T]The hat is the limit we can do to be able to get it down to stay very much to cut. “

He added that China’s AI market costs $ 50 billion a year. “China is fantastic, 50% of the world’s AI researchers are Chinese, and you are not going to keep them, you are not going to stop them, published the interview in its news.

Last week, Financial Times: aeration of Reuters: He said that Nvdia wants to open a research and development center in China, which was confirmed to the person with an email with Yahoo Finance.

Read more: How does NVIDIA make money?

Just as the H20 chips in Nvidia were banned, the Chinese technology giant Huave was in a hurry to pour the gap. Huawei is It is reported that chips are delivered more powerful than NVIDIA’s H100sA number