Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell its H20 AI chip to companies in China. The chipmaker also reported that it ...

Without the charge for the H20 chips in Q1, adjusted EPS would have topped out at $0.96. The company reported adjusted EPS of $0.61 on revenue of $26 billion in the same period last year.

The company recorded the revenue increase despite a $4.5 billion charge associated with excess inventory and purchase obligations after export restrictions were placed on the H20 chip designed ...

The chip maker said a new license requirement to export its specially designed H20 chips to China led to a $4.5 billion charge in the fiscal first quarter from “excess inventory and purchase ...

In CSP applications, thermal energy storage typically involves massive tanks holding thousands of tons of molten salt, which cycles between 300C and 600C. Although molten salts are theoretically ...

So he chose a system designed by Harvest Thermal. Unlike systems that heat water and air separately, this one does both. One ultraefficient heat pump brings water up to 150 degrees Fahrenheit in a ...

Nvidia just reported financial figures for the quarter ending in April. Here are the highlights: Revenue: $44.1 billion, up 69% from a year ago vs. $43.3 billion expected Adjusted EPS: 81 cents ...

In comparison, the company sells its H20 GPUs for $10,000 to $12,000 each. Nvidia on Wednesday said it had incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability ...

Simply sign up to the Commodities myFT Digest -- delivered directly to your inbox. Thermal coal prices could fall further from around their four-year low, said analysts, as surging production in ...

Nvidia has warned of a $5.5 billion charge due to restrictions on its H20 chip, and Huang reportedly called the export curbs a policy “failure” that is driving China to accelerate development ...