Intel stock surged about 9% in one day after Trump announced a U.S. chip design and manufacturing plan. According to NS3.AI, KobeissiLetter analysis said the plan could shift U.S. chip capacity toward consumer electronics and defense.
The analysis added that such a shift could indirectly tighten supply for ASIC mining rigs by compressing available manufacturing capacity.
STOCKS | Intel Shares Jump About 9% After Trump Announces U.S. Chip Design and Manufacturing Plan
2026-06-19 15:03:28
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