Why Intel Stock Pulled Back Today [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
As of 12:48 p.m. ET on Wednesday, Intel stock was down 2.9% on the news. The government giveth to Intel and the government taketh away A big part of the bull case on Intel these days is that the company is set to get billions of dollars from the government to build new semiconductor factories in the U.S. That has become a national interest as most semiconductors are currently manufactured in Taiwan, the island nation off the coast of China that is seen as fodder in a potential military conflict. Moving chip manufacturing to the U.S. will reduce geographical risk and exposure to Taiwan and China. However, today's news was a reminder that government regulations can cut both ways for Intel. This morning, U.S. regulators revoked licenses allowing Huawei to purchase semiconductors from both Qualcomm and Intel, stepping up restrictions against China's key telecom equipment maker. What the export restrictions mean to Intel Intel updated its guidance in response to the news, saying
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- How AI And Technology Can Impact Mental Health Care [Forbes]Forbes
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Intel Corporation - INTCPR Newswire
- ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Intel Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – INTCGlobeNewswire
- Intel Corporation to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Intel Corporation to Participate in Upcoming Investor ConferencesBusiness Wire
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- 5/10/24 - Form 4
- 5/10/24 - Form 4
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