Nvidia Stock Falls. It Got Bad News About Its H20 Chips From the Fed. -- Barrons.com

Dow Jones2025-04-16

By Adam Levine

Nvidia disclosed Tuesday evening in an SEC filing that future sales of its H20 AI accelerators to China would require a license from the U.S. Department of Commerce. The licenses are unlikely to be forthcoming.

As a result, Nvidia will take a $5.5 billion charge in the current quarter for H20 inventory and canceled sales.

The H20 is a less powerful version of Nvidia's market-leading AI accelerators designed for the Chinese market. It is still very powerful.

In fiscal 2025, 13% of Nvidia's sales were from billing addresses in China.

Nvidia stock was down around 5% in after-hours trading.

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 15, 2025 18:01 ET (22:01 GMT)

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Comments

Guavaxf30
2025-04-16
Guavaxf30
This is pretty bad news coming after this tariff-on/tariff-off yo-yo from Trump. Guess the spurt was shorter than I thought and downward push resumes for tech.

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It Got Bad News About Its H20 Chips From the Fed. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-16 06:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Adam Levine \n</p>\n<p>\n  Nvidia disclosed Tuesday evening in an SEC filing that future sales of its H20 AI accelerators to China would require a license from the U.S. Department of Commerce. The licenses are unlikely to be forthcoming. \n</p>\n<p>\n     As a result, Nvidia will take a $5.5 billion charge in the current quarter for H20 inventory and canceled sales. \n</p>\n<p>\n     The H20 is a less powerful version of Nvidia's market-leading AI accelerators designed for the Chinese market. It is still very powerful. \n</p>\n<p>\n     In fiscal 2025, 13% of Nvidia's sales were from billing addresses in China. \n</p>\n<p>\n     Nvidia stock was down around 5% in after-hours trading. \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2025 18:01 ET (22:01 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2286300806.USD","symbol_name":"Allianz Cyber Security AT Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527476937","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527476937","pubTimestamp":1744754460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Nvidia disclosed Tuesday evening in an SEC filing that future sales of its H20 AI accelerators to China would require a license from the U.S. Department of Commerce. 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The licenses are unlikely to be forthcoming. \n\n\n     As a result, Nvidia will take a $5.5 billion charge in the current quarter for H20 inventory and canceled sales. \n\n\n     The H20 is a less powerful version of Nvidia's market-leading AI accelerators designed for the Chinese market. It is still very powerful. \n\n\n     In fiscal 2025, 13% of Nvidia's sales were from billing addresses in China. \n\n\n     Nvidia stock was down around 5% in after-hours trading. \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 15, 2025 18:01 ET (22:01 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[{"id":424837845143760,"gmtCreate":1744755866061,"gmtModify":1744767105207,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3576140222331577","idStr":"3576140222331577"},"htmlText":"This is pretty bad news coming after this tariff-on/tariff-off yo-yo from Trump.&nbsp; Guess the spurt was shorter than I thought and downward push resumes for tech.","listText":"This is pretty bad news coming after this tariff-on/tariff-off yo-yo from Trump.&nbsp; Guess the spurt was shorter than I thought and downward push resumes for tech.","text":"This is pretty bad news coming after this tariff-on/tariff-off yo-yo from Trump. Guess the spurt was shorter than I thought and downward push resumes for tech.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/424837845143760","repostId":2527476937,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2527476937","isCrawlerRequest":true}