according to Bloomberg, Nvidia disclosed in regulatory filings that the U.S. government has notified the company that future exports of H20 chips designed to address previous export restrictions to certain countries will require a license, and this requirement will be "indefinitely" in effect.

As a result, Nvidia expects to incur approximately $5.5 billion in related losses in this fiscal quarter, involving inventory, procurement commitments, and related reserves. As a result of the news, Nvidia's stock price fell by about 5% after hours.