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NVIDIA Q1 revenue up 69%, faces charge over China export rules
NVIDIA reported Q1 FY26 revenue of $44.1 billion, up 12% QoQ and 69% YoY. However, a new US export license requirement for its H20 products in China led to a $4.5 billion charge due to excess inventory. H20 sales hit $4.6 billion, but an additional $2.5 billion in revenue couldn't be realized due to shipping restrictions.
read more at Digital Terminal