Nvidia is navigating a turbulent stretch, as soaring production costs at its foundry partner TSMC have reportedly prompted the company to raise prices across its GPU product line. It is also grappling with the effects of a US ban on the export of downgraded H20 chips to China, a restriction that contributed to a US$5.5 billion loss reported in its latest quarterly earnings. Nvidia CEO Jensen Huang has been actively engaging with both US and Chinese authorities, striving to mitigate the impact of these restrictions and advocate for the relaxation of AI chip export controls.