Nvidia says it’s taking $5.5B financial hit

Nvidia, a tech company that builds computer chips that run gaming and artificial intelligence systems, says new restrictions by the Trump administration on its H20 chips will cause it to lose $5.5 billion in the first quarter of this year. Many in the tech community believe the Nvidia’s H20 chips were used to help build DeepSeek, the Chinese AI system similar to ChatGPT. #cnn #news #Nvidia #trump