Nvidia incurred a $4.5 billion charge due to H20 licensing requirements in Q1 alongside an additional $2.5 billion in lost revenue.

The company continued to grow fast in its most recent quarter despite new rules restricting the sale of A.I chips to China.

Nvidia forecast second-quarter revenue below market estimates on Wednesday, expecting a major hit to sales from tighter U.S. curbs on exports of its AI chips to key semiconductor market China.

Nvidia is likely to lose more than $10 billion in revenue from President Donald Trump’s decision to ban sales of the company’s H20 chips to China. The U.S. government effectively banned those sales in April by tightening export licensing requirements.

Nvidia's first-quarter revenue topped analysts’ expectations, but earnings missed as the chipmaker took a hit from export curbs.

Salesforce raised its revenue forecast for fiscal 2026 on Wednesday, as the enterprise software provider ramps up monetization of its artificial intelligence agents in a bid to reinvigorate growth.

Nvidia reported Q1 fiscal 2026 revenue grew 69% from a year ago, to $44.06 billion, but that growth was down from 78% growth seen in last year's Q1, meaning year-over-year growth has now slowed for five straight quarters.

Reservoir Media's reported earnings in Q4 showed that revenue was up 10% to $41.4 million on gains in subscriptions and sync.

U.S. stocks are drifting on Wednesday, a day after leaping back within a few good days’ worth of gains from their all-time high. The S&P 500 was down 0.3% in midday trading after flipping from an early,