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Intel, Microsoft Slip as China Blocks Foreign Chips, Software in Government Computers

Retrieved on: 2024-03-25 20:14:58

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Intel, Microsoft Slip as China Blocks Foreign Chips, Software in Government Computers. View article details on HISWAI: https://www.investopedia.com/intel-microsoft-slip-as-china-blocks-foreign-chips-software-in-government-computers-8619798

Summary

China is implementing policies to favor domestic IT products over foreign ones, affecting fabless semiconductor companies like Intel and AMD. This aims to strengthen China's technology sector, impacting U.S. firms' sales and stocks.

Article found on: www.investopedia.com

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