Intel Shares Have Dropped 47% In The Past Year, Now Chipmaker Faces China AI Chip Curbs Just Like Nvidia Amid Trade Tensions – Advanced Micro Devices (NASDAQ:AMD), ASML Holding (NASDAQ:ASML)

Intel Shares Have Dropped 47% In The Past Year, Now Chipmaker Faces China AI Chip Curbs Just Like Nvidia Amid Trade Tensions – Advanced Micro Devices (NASDAQ:AMD), ASML Holding (NASDAQ:ASML)

Intel Corporation INTC has reportedly informed its Chinese clients last week that it will now require a license to export certain advanced artificial intelligence processors.

What Happened: The new restriction applies to chips with a total…

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https://www.benzinga.com/25/04/44855693/intel-stock-down-nearly-47-in-the-past-year-reportedly-joins-nvidia-in-facing-export-hurdles-to-china-as-us-implements-new-ai-chip-licensing-requirements