Financial PerformanceNvidia's projected gross margin may fall to around 58% due to a $5.5 billion inventory write-off related to the H20 ban, impacting financial performance.
Sales GuidanceThere is a downside risk to Nvidia's Q2 sales guidance, which could be as low as $41 billion, significantly below the recently lowered consensus.
Sales ImpactThe US government's ban of H20 sales to China has created a significant disconnect between Nvidia's projected lost sales and investor expectations, potentially causing a $4-$5 billion headwind.