Get the latest tech news
Nvidia writes off $5.5 billion in GPUs as US gov't chokes off supply of H20s to China | AMD's Instinct MI308 reportedly gets export restrictions too.
AMD's Instinct MI308 reportedly gets export restrictions too.
Nvidia announced it would take a $5.5 billion financial hit after U.S. authorities imposed new export restrictions on its H20 HGX AI GPU designed for the Chinese market. First quarter results are expected to include up to approximately $5.5 billion of charges associated with H20 products for inventory, purchase commitments, and related reserves." Nvidia's H20 HGX is a cut-down version of its H100 processor that the company specifically engineered to comply with the U.S. government's restrictions imposed on GPUs bound for China in late 2022.
Or read this on r/technology
