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Nvidia expects to lose billions in revenue due to H20 chip licensing requirements
Nvidia incurred a $4.5 billion charge due to H20 licensing requirements in Q1 alongside an additional $2.5 billion in lost revenue.
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell its H20 AI chip to companies in China. The chipmaker also reported that it was unable to ship an additional $2.5 billion of H20 revenue in the quarter due to the restrictions.
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