Nvidia the latest collateral damage in US-China tech war

Nvidia, the world’s largest maker of artificial intelligence chips, is at the heart of a new round of U.S. tech sanctions targeting China.
Nvidia noted in an SEC filing that the U.S. government had imposed new export restrictions on two of its most advanced AI chips to China, its second-largest market after Taiwan making up 26% of its revenues in 2021.
The ban could cost Nvidia as much as $400 million in potential sales to China in the third quarter, the firm said.
The export control also bars Nvidia from shipping the chips to Russia, though the company said it doesn’t currently se

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