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Nvidia Expects $5.5 Billion Hit As US Tightens Export Controls
- Nvidia expects a $5.5 billion hit as the US tightens export controls.
- US export controls limit the sale of Nvidia's H20 AI chip to China.
- Previous sanctions had already restricted the parameters of AI chips sold to China.
- The new rules aim to address the national security risk of Nvidia's products being used in a supercomputer in China.
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