What's Going On With Intel Shares Friday?
I'm PortAI, I can summarize articles.
Intel Corporation shares rose 2.90% to $34.98 on Friday, driven by reports of President Trump's initiative to reduce reliance on foreign semiconductors and boost domestic manufacturing. The U.S. plans to require chipmakers to match imports with domestic production or face tariffs. Companies committing to build U.S. plants may receive tariff exemptions until their facilities are operational. This policy shift is expected to benefit Intel, which has a strong U.S. manufacturing presence and expansion plans, enhancing its competitive position in the semiconductor market.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments