In this video, I will be talking about the recent China ban imposed on Nvidia (NVDA 3.01%) by the U.S. government and how bad it actually is. Nvidia could lose as much as $400 million in sales to China due to new export requirements on its data center chips. And that's on top of the $500 million hit it announced in Q2 because of Chinese lockdowns and the termination of selling to Russia.
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*Stock prices used were the closing prices of Sept/ 2, 2022. The video was published on Sept. 4, 2022.
