Nvidia CEO Jensen Huang announced commitments to build more AI infrastructure in the US over the next four years. I-Hwa Cheng/AFP/Getty Images 2025-04-16T00:29:04Z Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Nvidia said in a Tuesday SEC filing that it expects up to $5.5B in charges due to a new export rule. The rule targets Nvidia's H20 chips which were made to comply with Biden-era export controls. The Trump White House is eyeing tariffs on chips as a way to encourage onshore manufacturing. Nvidia expects up to about $5.5 billion in charges as a result of the Trump administration's licensing requirement to export the company's H20 chips to China, according to a Tuesday evening SEC filing.The company said in the filing that the government informed Nvidia that the export rule would be "in effect for the indefinite future." Nvidia said the charges are expected to be reflected in the company's first-quarter earnings, which ends on April 27."First quarter results are expected to include up to approximately $5.5 billion of charges associated with H20 products for inventory, purchase commitments, and related reserves," the company said in the filing.The announcement caused Nvidia stock to slide more than 5% after trading hours.An Nvidia spokesperson declined to comment.Nvidia's H20 chips were specifically made to comply with Biden-era export controls on chips sent to China as the world's superpowers remain in an AI arms race.The current administration sees the new export rule as a means to address the risk of China developing its own supercomputer, the company said in the filing. The rule doesn't stop the export of H20 chips but requires Nvidia to get a license to export them.A White House spokesperson did not respond to a request for comment.Exporting the H20 chips themselves isn't costing the company up to $5.5 billion. According to the filing, the charges instead could include H20 chips that have already been manufactured and now may be more difficult to sell due to the new requirement.The Trump administration has taken steps to pave a way for tariffs on chips, including probes led by the Commerce Department into semiconductor imports. The investigations seek to determine what impacts those imports have on national security, which could give President Donald Trump a reason to implement tariffs on key tech goods.In general, Trump has said that his tariff strategy is part of a broader effort to encourage domestic manufacturing of key goods. The president is also hoping to use the levies to push China to negotiate a better trade deal with the US, although the specifics around his demands are not clear.On Monday, Nvidia reiterated its commitment to invest $500 billion over the next four years in the US, promising AI supercomputers and data centers.The White House promoted the announcement as a win, calling it "the Trump Effect in action." Recommended video