Nvidia sees US$8B revenue shortfall as China sales crater, turns to Shanghai R&D for strategic hold
Nvidia revealed on May 29 its fiscal 2026 second-quarter revenue forecast of US$45 billion, with a margin of error of plus or minus 2%.
China’s semiconductor sector is reeling from reports that Siemens EDA has been instructed by the US Bureau of Industry and Security (BIS) to suspend all EDA-related services and support in China. The move may expand to include Synopsys and Cadence, effectively cutting off all three global EDA giants. The ban reportedly encompasses not only software access but also platform-integrated IP, signaling a broader and more aggressive crackdown than previously anticipated.
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