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Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
  • Intel shares rose 8% after VP JD Vance pledged to protect US AI technology from foreign threats.
  • The Trump administration aims to increase domestic AI chip production, reducing reliance on Taiwan.
  • Intel faces leadership uncertainty and stiff competition as it struggles to regain market share in AI chips.
Shares of Intel (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance emphasized the Trump administration’s commitment to protecting American artificial intelligence technology from foreign threats. Speaking at the AI Action Summit in Paris, Vance warned that some authoritarian regimes have misused AI for military and surveillance purposes. “Some authoritarian regimes have stolen […]
February 11, 2025

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