Intel Shares Tumble On Sweeping Tariffs, AI Chip Curbs

Benzinga
2025.07.07 20:15
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Intel shares fell 2.18% to $22 amid new global trade restrictions, including a 25% tariff on imports from Japan and South Korea, effective August 1. These tariffs, aimed at addressing trade deficits, add to existing duties and impact companies reliant on global supply chains. Additionally, the U.S. plans to restrict AI chip shipments to Malaysia and Thailand, raising concerns in the semiconductor industry. Despite a high value score of 74.75, Intel's momentum and growth scores are low, indicating mixed investor sentiment.