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Nvidia CEO Jensen Huang. Last week, the company told investors it would take a $5.5 billion charge against earnings to account for lost sales to China after the Trump administration announced export controls on its H20 AI chip to the country. But the curbs on Nvidia’s sales to China may not be enough to prevent China for catching up and possibly surpassing the U.S. in AI capabilities.
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https://fortune.com/2025/04/22/trump-nvidia-export-controls-h20-wont-contain-china-ai-ambitions/
Jeremy Kahn