Reported about 21 hours ago
Intel Corporation is encountering significant export challenges related to its advanced AI processors as new U.S. licensing rules are being applied to prevent exports to China. The Trump administration's heightened controls have come in response to the emergence of Chinese startups like DeepSeek, which have been acquiring U.S. technology. Intel will now require licenses for exporting certain AI chips to China, potentially impacting the company's finances significantly. The situation remains dynamic, with discussions about possible exemptions or changes to export tariffs.
Source: YAHOO