Jensen Huang, CEO of NVIDIA, said at the Computex exhibition in Taipei on Monday that Trump’s administration insurance for H20 tokens cost China $ 15 billion in sales.
In an interview with technology analyst Ben Thompson Huang, he called the ban “extremely expensive” and “deeply painful”. He pointed out the $ 5.5 billion dollars, which the company hopes to see for its first fiscal quarter for insurance.
“No company has ever been written in history,” he said. “[N]Only I lose $ 5.5 billion – we wrote down $ 5.5 billion – we went from $ 15 billion in sales and probably … $ 3 billion worth of taxes. “
Wall Street analysts have predicted that NVIDIA can see between $ 10 and $ 16 billion that have achieved revenue over the next quarters, from the last export ban on their H20 chips.
NVIDIA has repeatedly renovated its chips for the Chinese market over the past few years to comply with the constantly stored US trade restrictions, making the chips less powerful with each new iteration.
The latest ban on exporting its chips last month was only when the US government said it was investigating NVIDIA for its use of chips in China. It quotes the release of a cheap AI model from the Chinese start -up Deepseek, which is powered by NVIDIA’s previous generation H800, which is currently banned from exporting to the country.
Huang predicted that NVIDIA could not make another AI chip with its Hopper architecture to China according to current restrictions: “[T]Hat is the limit of what we can do at Hopper, and we have reduced it to the fact that there is not much to cut, he said. – Anyone who thought that one chess was moving somehow banned China from the H20, somehow interrupted their ability to make AI was deeply not informed.
He added that the Chinese AI market is worth $ 50 billion a year. “China makes a fantastic, 50 % of the world’s researchers are Chinese, and you are not going to detain them, you will not prevent them from looking at PG,” he told Thompson, who posted an interview with Stratechery in his information bulletin.
Last week, the Financial Times and Reuters said NVIDIA wants to open the Chinese Research and Development Center, which the person familiar with the issue confirmed by email. In the letter of Yahoo Finance.
Read more: How does Nvidia make money?
The NVIDIA H20 chips were banned, the Chinese technology giant Huawei rushed to fill the gap. Huawei reportedly has been pressed for more powerful chips than NVIDIA H100s.