Following the revelation, the company’s stock fell more than 3%. This was the most recent round in the continuing tech battle between the US and China over the lucrative semi-conductor business.
Last week, Washington increased restrictions on the sale of specific products to Chinese businesses, and when Donald Trump returns to the White House, the industrial dispute is likely to intensify.
“Happy to answer any questions regulators may have about our business,” Nvidia stated.
The corporation claimed in a statement that it “works hard to provide the best products we can in every region and honor our commitments everywhere we do business.”
“Nvidia wins on merit, as reflected in our benchmark results and value to customers, and customers can choose whatever solution is best for them.”
