"China's Restrictions on Foreign Chips Impact Intel and AMD Stocks"

1 min read
Source: Bloomberg
"China's Restrictions on Foreign Chips Impact Intel and AMD Stocks"
Photo: Bloomberg
TL;DR

Intel and AMD shares dropped after reports that China has implemented new guidelines to restrict the use of US-made microprocessors and servers in government computers, causing Intel's stock to fall by 2.9% and AMD's to slip by less than 1% in New York.

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