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10 October 2022 | Other

New US export control regulations won’t hurt Nvidia’s business

NVIDIA Corporation

On Friday the management of Nvidia said that they don't expect a significant impact on the business from new measures regulating US foreign economic activity. According to these measures, the shipping of chips for the Chinese supercomputer is prohibited. The same applies to the regulation of the sale of high-density systems.

The company also noted that just last month the investors were announced of the new regulations that apply to it. These regulations may influence the level of sales in China which in the current quarter amounted to 400 million dollars. 



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