Intel rises en route to Fri PCE report?
@JC888:
$Intel(INTC)$ Quite certain you should have come across the bad news (by now) looming over Intel and $AMD(AMD)$ . In the latest tit-for-tat between the two super powers, China is reacting to further sanctions by the Biden government over chips exports and blacklisting of more Chinese companies at the trade front. (see below) According to S&P Global Market Intelligence’s data, when the news broke on Mon, 25 Mar 2024 Intel immediately fell by -2% as of 11 a.m. ET. It had even at one point in time, fell by as much as -4.7% earlier in the day's trading. “Luckily” by the time trading ended, it fell by -1.74% only. (see below) The loss is in reaction to news