Intel Targets China Export Market - What Investors Should Know

Benzinga06-04

Intel Corp (NASDAQ:INTC) aims to maximize its chip exports to China, CEO Pat Gelsinger stated, cautioning that strict U.S. export controls might prompt China to develop its semiconductors. At the ...

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However, he warned that overly restrictive U.S. policies could backfire by pushing China to produce its chips.The U.S. has tightened export controls on advanced chips, affecting Intel and competitors like Advanced Micro Devices, Inc . Despite this, China has made progress in its chipmaking capabilities, with companies like Huawei Technologies Co developing competitive chips.Meanwhile, Intel prepa","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FTXL":"First Trust Nasdaq Semiconductor ETF","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4515":"5G概念",".IXIC":"NASDAQ Composite","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","INTC":"英特尔","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","QID":"纳指两倍做空ETF","BK4575":"芯片概念","BK4587":"ChatGPT概念","BK4566":"资本集团","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","GFS":"GLOBALFOUNDRIES Inc.","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","SQQQ":"纳指三倍做空ETF","BK4579":"人工智能","LU0056508442.USD":"贝莱德世界科技基金A2","BK4550":"红杉资本持仓","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4141":"半导体产品","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","NVDA":"英伟达","AMD":"美国超微公司","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4551":"寇图资本持仓","ISBC":"投资者银行","QLD":"纳指两倍做多ETF","LU0109392836.USD":"富兰克林科技股A","TQQQ":"纳指三倍做多ETF","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","PSQ":"纳指反向ETF","LU0097036916.USD":"贝莱德美国增长A2 USD","QQQ":"纳指100ETF","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK4529":"IDC概念","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC"},"translate_title":"英特尔瞄准中国出口市场——投资者应该知道什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":1,"NVDA":1,"ISBC":1,"INTC":1,"FTXL":1,".IXIC":0.9,"GFS":0.75,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Intel Corp (NASDAQ:INTC) aims to maximize its chip exports to China, CEO Pat Gelsinger stated, cautioning that strict U.S. export controls might prompt China to develop its semiconductors.\nAt the Computex tech trade show in Taipei, Gelsinger emphasized Intel’s ongoing efforts to export products, including Gaudi GPUs for AI computing, to China, the Nikkei Asia reports.\nHe highlighted Intel’s technological advantage over Chinese rivals due to the absence of extreme ultraviolet lithography in China.\nAlso Read: Intel Steps Up AI Game With Lunar Lake Chips For Microsoft Copilot+ PCs, New Data Center Rivals To AMD\nHowever, he warned that overly restrictive U.S. policies could backfire by pushing China to produce its chips.\nThe U.S. has tightened export controls on advanced chips, affecting Intel and competitors like Advanced Micro Devices, Inc (NASDAQ:AMD)\nand Nvidia Corp (NASDAQ:NVDA).\nDespite this, China has made progress in its chipmaking capabilities, with companies like Huawei Technologies Co developing competitive chips.\nLast week, Washington imposed advanced semiconductor tech sanctions on the Middle East, triggering a selloff in the broader sector.\n\nMeanwhile, Intel prepared itself to tackle the AI frenzy as it competed with AMD for the AI PC market share. Intel also faced competition in the data center market, which Nvidia currently dominates.\nIntel expects its Gaudi 3 chip to outperform Nvidia’s H100.\nIntel stock gained close to 2$ in the last 12 months. Investors can gain exposure to the stock via REX FANG & Innovation Equity Premium Income ETF (NASDAQ:FEPI) and First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL).\nPrice Action: INTC shares traded higher by 1.22% at $30.67 premarket at the last check on Tuesday.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage: Shutterstock/ monticello\n\"ACTIVE INVESTORS' SECRET WEAPON\" Supercharge Your Stock Market Game with the #1 \"news & everything else\" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n\nINTEL (INTC): Free Stock Analysis Report\n\nThis article Intel Targets China Export Market - What Investors Should Know originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2440287543"}