![]() government "indicated that the new license requirement will address the risk that the covered products may be used in, or diverted to, a ‘military end use’ or ‘military end user’ in China and Russia," Nvidia said in the filing. doesn't grant licenses in a timely manner or denies licenses to significant customers. ![]() Nvidia ( NVDA) said that its outlook for its fiscal third quarter, which included $400 million in potential sales to China, may be subject to the new license requirement if customers don't want to purchase the company’s alternative product offerings or if the U.S. has imposed a new license requirement for any future export to China (including Hong Kong) and Russia of the company’s A100 and forthcoming H100 integrated circuits, according to an 8-K filing. Nvidia disclosed late Wednesday that the company was informed on Friday that the U.S. restrictions on exports of some of its products to China may hurt sales. ![]() Nvidia ( NASDAQ: NVDA) fell 6.6% in after hours trading after the company warned that U.S. ![]()
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