Nvidia down on flagging $5.5 bln hit in Q1 related to H20 chip regulation
ReutersApr 15, 2025 9:49 PM
Shares of chipmaker Nvidia NVDA.O fall 3.6% to $108.18 in extended trading
Co says Q1 results are expected to include up to $5.5 billion in charges after the U.S. government said it would require licenses for exports of its H20 microchip to China
Co adds the charges are associated with H20 products for inventory, purchase commitments, and related reserves
As of last close, stock is down 16.5% YTD
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