After Advanced Micro Devices (AMD) said it expects a 澳洲幸运5官方开奖结果体彩网:$1.5 billion hit to revenue this year due to 澳洲幸运5官方开奖结果体彩网:tightening restrictions on its sales to China, UBS analysts warned rival Nvidia (NVDA) faces the same headwinds.

AMD’s anticipated revenue hit is "bigger than we expected and over a shorter period of time than we would have thought,” UBS analysts said Wednesday. If AMD takes a $1.5 billion hit, Nvidia could face an impact of $5 billion to $7 billion 𓂃per quarter, the bank said.

That “would take away almost all of the ‘fat’ that we believe NVDA had,” for i𒊎ts fiscal second quarter, 🔜which runs through July, UBS said. 

Last month, Nvidia said it expects to take a 澳洲幸运5官方开奖结果体彩网:$5.5 billion charge in its fiscal first quarter after the U.S. implemented a licensing requirement for Nvidia to sell its H20 chips to China. At the time, Morningstar analysts said, "China has shrunk to about 10% of Nvidia's revenue from 20%, and we now expect it to go to close to zero." Nvidia is scheduled to post its first-quarter results on May 28.

Bloomberg reported late Wednesday that the Trump administration plans to repeal AI diffusion rules set to take effect on May 15 that would further limit sales of American AI hardware to a broader set of countries. However, the Commerce Department is expected to continue enforcing existing restrictions while it develops a new rule, the report said.

N﷽vidia Could Miss Out on $50 Billion China Market🃏, CEO Huang Says

Speaking at the Milken Institute Global Conference on Tuesday, Nvidia CEO Jensen Huang made a case against the restrictions on selling to the Chinese market.

Nvidia being barred from selling in China won’t stop the country from developing its own chips, Hunag said. “No government, especially the government of our adversaries, are limited by the available capacity of computing for their military reasons,” he said, adding that China-based Huawei is a "formidable" company. 

Huang said hꦛe expects the market for AI chips in China will reach $50 billion within a few years. “Fifty billion dollars is like Boeing. Not a plane—the entire company,” Huang said.

Shares of AMD added close to 2% Wednesday, while Nvidia shares climbed 3%. They've lost about 17% and 13%, respectively, since the start of the year.