Nvidia Sees $5.5 Billion Hit From Trump China Curbs (Correct)

(Corrects story originally published on April 16 to fix cost analysis originally misstated by Biden official in 13th paragraph and clarify the potential revenue impact on Nvidia. A previous version of the story corrected the size of Nvidia’s 2024 stock gain.)

President Donald Trump’s administration has barred Nvidia Corp. from selling its H20 chip in China, an escalation of Washington’s tech battle with Beijing that will cost the company billions of dollars and hamstring a product line it explicitly designed to comply with previous US curbs.

The US government informed Nvidia on Monday that the H20 would ...