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Nvidia faces a $5.5 billion financial blow due to tightened US export rules restricting sales of its H20 AI chips to China. The US government now requires licenses for these exports, citing concerns about potential use in Chinese supercomputers. This indefinite licensing requirement impacts Nvidia's inventory, purchase commitments, and reserves. The move comes amidst escalating US-China trade tensions and highlights the strategic importance of AI chip technology.

Prepared by Christopher Adams and reviewed by editorial team.