Hey folks, Nuked here! Let me tell you about Nvidia’s latest move—changing the game for the chip world with some bold decisions.

Nvidia doesn’t believe the US will lift its chip export restrictions on China anytime soon. So, they are skipping including Chinese market predictions in their upcoming financial forecasts. CEO Jensen Huang shared this news with CNN, mentioning he isn’t counting on the Trump administration reversing its rules—although it would be a nice surprise if they did.

Back in April, the US government added licensing rules for Nvidia’s advanced H20 AI chips, the best they could offer China. This move is expected to cut about $8 billion from Nvidia’s second-quarter revenue, according to their recent results. Nvidia hasn’t responded to requests for comment just yet.