<ul><li>Nvidia faces significant financial losses due to U.S. export restrictions on its H20 AI chips in China, impacting Q1 earnings with a $4.5 billion charge and $2.5 billion in withheld shipments.</li><li>Projected losses for Q2 are estimated at $8 billion directly linked to the licensing rules, affecting Nvidia's revenue target of around $45 billion.</li><li>CEO Jensen Huang acknowledges the challenges and the impact on Nvidia's business in China, expressing the loss of access to a significant AI market and the need to explore alternative strategies.</li><li>The clash with U.S. trade policies and restrictions has led to Nvidia's criticism of the implications on American innovation and market reach, despite relief over the withdrawal of proposed additional rules by the Biden administration.</li></ul>

Nvidia Faces Billions in Losses Over H20 Chip Export Restrictions

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