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Donald Trump’s administration is accompanied by Nvidia’s ability to sell artificial intelligence fleas to China, sending the actions of the Silicon Valley giant sliding in pre-commercial exchanges and striking the technological actions of Wall Street.
NVIDIA revealed new American checks on sales of American flea manufacturers in China in a regulatory late evening file on Tuesday, in which he said he was expecting a success of $ 5.5 billion.
The borders were then confirmed by the Commerce Department, marking another escalation in Donald Trump trade war With Beijing.
The flea manufacturer has said that his h20 chip, which is already suitable for complying with export controls from the Joe Biden era which prevent the sale of its most powerful chips in China, would now require a special license to be sold to Chinese customers.
We still do not know how many licenses will be granted, but Nvidia said it would take a burden of $ 5.5 billion during the quarter until April 27 concerning the H20 fleas for “inventory, purchase commitments and related reserves”.
Analysts believe that Nvidia will generate around $ 17 billion in sales to Chinese customers during the current financial year.
Nvidia’s shares fell 7% in pre-commercial exchanges on Wednesday, while the term contracts according to the NASDAQ 100 index focused on technology fell by more than 2%.
The actions of the Dutch company of master’s equipment in ASML chips have flowed 6% after orders for its machines are not expectations. The actions of the American group of AMD semiconductors have also dropped almost 6% in pre-commercial trade.
Hong Kong’s shares have also dropped, led by the main buyers of Ai Alibaba fleas, down almost 4%, Baidu and Tencent, who both fell by around 2%.
The new controls of the American fleas mark the last salvo of a spiral trade war between the two largest economies in the world. Earlier this month, the Trump administration imposed additional 145% tariffs on China, with a stay for some consumer electronics. Beijing corresponded to the additional tasks in retaliation.
The shortage of suppliers of domestic chips in China capable of building products to compete with those of Nvidia had indicated that its technological companies flocked to buy H20, even in the face of steep pride of Beijing.
But that could change under new American controls. Since the H20 chip is less powerful than those that Nvidia can sell outside China, customers around the world may also not want to buy actions that cannot be sold there.
Bernstein analysts said on Tuesday that the H20 represented around $ 12 billion in revenues of $ 17 billion in Nvidia in China in the past year. They added that there was still a lack of clarity on the question of whether licenses could be granted, or if it was equivalent to a complete “erasure” of the range of products.
Nvidia said he was informed of new checks on April 9 and was informed on Monday that the license requirement for H20 and any similar chip “will be in force for the indefinite future”.
On Tuesday, the White House press secretary Karoline Leavitt urged China to conclude a new trade agreement with the United States, saying: “The ball is in Chinese court”.
The US trade department later confirmed that it issued new export license requirements for the H20, as well as the MI308 of AMD and the equivalent chips. He said that he “acted on the president’s directive to protect our national and economic security.”
The American movement highlights the NVIDIA exhibition to geopolitical tensions between Washington and Beijing. The flea designer was at the heart of the AI ​​boom, and last year became the most precious society in the world.
Monday, the Trump administration launched a national security survey This could lead to new prices on semiconductors, as it is immediately of the more stiff samples from the tokens.
Nvidia chips are manufactured in Taiwan, so that they can be subject to import rights when sold to customers based in the United States.
The company said on Monday that it would spend up to a half-bill of dollars on US AI infrastructure over the next four years thanks to partnerships with companies such as Taiwan Semiconductor Manufacturing Company and Foxconn. Financial time had reported for the first time on its investment plans.
Nvidia presented its H20 processors focused on China last year after the Biden administration imposed export controls of its fleas. They are less powerful than its higher range of graphic processing units, or GPU, coveted by Microsoft, Openai, Meta and Amazon.
Despite its reduced performance, the H20 has always experienced high demand in China. But Beijing has taken measures to encourage local technological companies to use local fleas to companies such as Huawei, and could freeze Nvidia products with new rules of energy efficiency.
