NVDA, AMD Export Licenses Add to A.I. Headwind "Snowball"

  • Nvidia (NVDA) will have to pay $5.5 billion for licenses to export its H20 chips, while AMD Inc. (AMD) will pay $800 million. Olivier Blanchard says these companies can absorb these costs without issue if it weren't for the "snowball" of other developments these companies are managing.