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Nvidia to record $5.5 billion in charges due to U.S. export ban on its H20 chip for China

https://www.marketwatch.com/story/nvidias-stock-tumbles-as-it-discloses-5-5-billion-in-charges-due-to-china-licensing-rules-16aa01da?mod=mw_rss_topstories
Nvidia Corp.’s shares were tumbling in after-hours trading Tuesday, after the chip giant disclosed in a regulatory filing that it expects to include charges of up to $5.5 billion in its fiscal first quarter related to licensing of its chips to the Chinese market…

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