Nvidia's Revenue Hits Record High, But China Sales Restrictions Squeeze Profits
1. Nvidia revenue hits a record $44.06 billion, up 69% year-over-year. 2. Earnings missed expectations, impacted by $4.5 billion charge from export curbs. 3. Data center sales increased 73%, underpinning growth in AI infrastructure demand. 4. Nvidia anticipates additional $8 billion revenue loss from H20 chip sales restrictions. 5. Stock rose 5% in after-hours trading despite earnings shortfall.