Why Intel shares are rising and other chip stocks falling?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Why Intel shares are rising and other chip stocks falling?

)'s stock price jumped at the open on Wednesday, hitting a high of $37.16 a share after reports emerged that the U.S. is considering more stringent trade curbs in its crackdown on China's access to advanced chips.

Trump seemed to link his remarks to Taiwan's semiconductor industry, one of the most advanced in the world, saying: ″ did take about 100% of our chip business." While many semiconductor stocks have declined following Wednesday's reports, Intel has been one of the beneficiaries. It is currently up more than 4% at $35.86 per share.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités