)'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.
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