"China's Restrictions on Foreign Chips Impact Intel and AMD Stocks"
TL;DR Summary
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.
- Intel, AMD Fall on Report China to Limit Use of Foreign Chips Bloomberg
- China's new guidelines block Intel, AMD chips in government computers: FT CNBC
- China wants Microsoft and Intel off its computers Quartz
- AMD and Intel Stock Recover After Report That China Is Phasing Out Their Chips Barron's
- Intel, AMD fall on report China blocks U.S. chips in state computers Reuters
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