Intel Hit Hard: China Tariff Twist Sends Stock Tumbling – Wall Street Pit

vm_admin
Intel Hit Hard: China Tariff Twist Sends Stock Tumbling – Wall Street Pit

  • Intel’s (INTC) shares fell 6% on Friday, reaching an intraday low of $18.18, following China’s new policy linking chip import origins to manufacturing location. The regulation imposes tariffs of 84% or higher on U.S.-made chips, including…

Article Source
https://wallstreetpit.com/126026-intel-hit-hard-china-tariff-twist-sends-stock-tumbling/

Related Posts