πππNvidia took a big hit of USD 5.5 billion losses when its H20 chips export to China is now restricted.
The H20 chips are in high demand from companies like Alibaba, Tencent and ByteDance where they are used for their AI work. In 2024 Nvidia sold USD 12 billion worth of H20 chips to China.
While it is a big loss to Nvidia, alternative buyers can be found elsewhere. This is just a temporary setback.
However fundamentally, $NVIDIA(NVDA)$ is still the dominant leader in the specialised AI chips. That has not changed at all.
With the AI revolution still at its nascent stage, Nvidia will continue to chart new heights of success through their continued innovation and new technologies.
In fact this is a golden opportunity to grab more Nvidia when it is in sale.
As Warren Buffett likes to say When there is Fear in the markets it is time to be greedy.
@Tiger_comments @Tiger_SG @TigerStars @CaptainTiger
Modified in.04-16
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