-0.000162972620599707 -0.000325945241199414 0.000977835723598473 0.000651890482399059 0.000977835723598473 0.001303780964798 0.00162972620599742 0.00293350717079542
Sign Up Today X
Thanks for submitting the form.
Stockreport

US Revokes Intel, Qualcomm Licenses to Sell Chips to Huawei [BNN Bloomberg (Canada)]

Intel Corporation (INTC)  More Company Research Source: BNN Bloomberg
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Withdrawal of the licenses affects US sales of chips for use in Huawei phones and laptops, according to the people, who discussed the move on condition of anonymity. House Foreign Affairs Committee Chairman Michael McCaul confirmed the administration's decision in an interview Tuesday. He said the move is key to preventing China from developing advanced AI. “It's blocking any chips sold to Huawei,” said McCaul, a Texas Republican who was briefed about the license decisions for Intel and Qualcomm. “Those are two companies we've always worried about being a little too close to China.” The US Commerce Department confirmed the withdrawal of “certain licenses” for exports to Huawei, but declined to offer specifics. “We continuously assess how our controls can best protect our national security and foreign policy interests,” the agency said in a statement Tuesday. Qualcomm shares slipped 0.9% Tuesday to $180.15 following a Financial Times report earlier in the day on the license revo [Read more]
IMPACT SNAPSHOT EVENT TIME: INTC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
INTC alerts
from News Quantified
INTC
NEWS
INTC
Earnings
INTC
Analyst Actions
INTC
SEC Filings
Stockreport

US Revokes Intel, Qualcomm Licenses to Sell Chips to Huawei [BNN Bloomberg (Canada)]

Intel Corporation  (INTC) 
More Company Research Source: BNN Bloomberg
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Withdrawal of the licenses affects US sales of chips for use in Huawei phones and laptops, according to the people, who discussed the move on condition of anonymity. House Foreign Affairs Committee Chairman Michael McCaul confirmed the administration's decision in an interview Tuesday. He said the move is key to preventing China from developing advanced AI. “It's blocking any chips sold to Huawei,” said McCaul, a Texas Republican who was briefed about the license decisions for Intel and Qualcomm. “Those are two companies we've always worried about being a little too close to China.” The US Commerce Department confirmed the withdrawal of “certain licenses” for exports to Huawei, but declined to offer specifics. “We continuously assess how our controls can best protect our national security and foreign policy interests,” the agency said in a statement Tuesday. Qualcomm shares slipped 0.9% Tuesday to $180.15 following a Financial Times report earlier in the day on the license revo [Read more]
IMPACT SNAPSHOT
EVENT TIME:
INTC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS