Nuked 
Hello, tech enthusiasts! Today, we’re diving into Nvidia’s recent financial shake-up caused by chip export restrictions.
Nvidia, a giant in AI and semiconductors, reported a hefty $4.5 billion charge in their first fiscal quarter of 2026. This was directly related to licensing hurdles preventing the sale of their H20 AI chip in China, leading to a shortfall of $2.5 billion in expected revenue.
The company had initially anticipated a $5.5 billion impact for this quarter, but the actual financial hit was even more severe. Looking ahead, Nvidia predicts an $8 billion revenue loss in the upcoming quarter, which could significantly affect their overall earnings.
These restrictions stem from recent export control policies enacted by the Trump administration, aiming to limit China’s access to advanced U.S.-made AI chips. Nvidia has publicly voiced its opposition, criticizing these measures for hampering global business efforts.
Interestingly, Nvidia also celebrated the US government’s decision to rescind certain Biden-era AI export rules, though the impact of Trump’s restrictions remains ongoing. Despite the Biden administration’s relaxed policies, Nvidia’s revenues continue to take a hit due to earlier restrictions and licensing hurdles.
This situation highlights the complicated dance between technology companies and government policies, especially in the AI and semiconductor sectors. Nvidia’s experience underscores how geopolitics can shape industry fortunes in our fast-moving tech world.
Stay tuned as TechCrunch continues to monitor these developments and their effects on the global tech landscape.
