
Nvidia’s Hot Chips, Cold Cash: $4.5B Write-Off Looms
Nvidia, a leader in artificial intelligence and gaming chips, faces a potential $4.5 billion write-off due to weakened demand for its data center products in China and U.S. government restrictions on advanced chip exports to that country. The looming write-off, disclosed in a recent SEC filing, primarily stems from excess inventory and purchase commitments, reflecting…