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The Wall Street Publication > Blog > Tech > Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
Tech

Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China

Editorial Board Published September 1, 2022
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Nvidia Warns of Sales Hit From New U.S. Chip Licensing Requirements for China
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By Asa Fitch

Updated Aug. 31, 2022 8:12 pm ET

Nvidia Corp. could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on shipments of some of its most advanced chips to China, the chip maker said Wednesday.

Nvidia, the U.S.’s largest chip maker by market value, said in a regulatory filing that it was notified on Friday that it would be required to get a license from the U.S. government before shipping certain cutting-edge chips to China and Russia.

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