The phone call that cost Nvidia $2.5 billion in one quarter

Government told them the "approved" H20 chip now needs export licenses

Hey,

Nvidia's earnings beat sent the stock up 6% in after-hours trading.

But hidden in the numbers: a government phone call that instantly wiped out $2.5 billion in Q1 sales. Access full story here.

-Christopher

P.S. They thought the H20 chip was the legal workaround. They were wrong. You really need to read this before it's too late.