According to @KobeissiLetter, Nvidia’s CFO stated during the Q1 FY2025 earnings call that the company estimated an $8 billion revenue loss in Q2 FY2025 after selling zero H20 chips to China, implying roughly 17% of quarterly revenue impacted, source: The Kobeissi Letter on X citing Nvidia’s Q1 FY2025 earnings call. For traders, a double-digit revenue hit to a major AI bellwether can weigh on broader risk assets, and crypto has shown higher co-movement with equities since 2020, so monitor BTC and ETH volatility alongside NVDA, source: International Monetary Fund analysis on crypto–equity correlations.