Semiconductor Shares Slide as US-China Talks End Without Chip Deal
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.
SK Hynix and Intel are teaming up on faster AI chip tech, offering an alternative to TSMC and helping reduce supply shortages worldwide.
Apple and Intel will collaborate on chips for Apple devices, with the Trump administration helping to encourage the agreement.
Apple is exploring making chips in the US with Intel and Samsung to reduce risks and avoid shortages, but plans are still early.
Analysts upgraded Intel and AMD on strong AI-driven CPU demand, raising targets and boosting shares in premarket trading.
Intel beat Q1 2026 forecasts with strong AI chip demand, higher sales, and upbeat outlook as it works to catch up in AI race.