Intel: The China Ban Is Immaterial (NASDAQ:INTC)
JHVEPhoto Introduction With 27% of Intel Corporation’s (NASDAQ:INTC) revenue coming from China, the news of a ban on using its chips in Chinese government computers is the kind of negative development that could create significant pressure on the semiconductor giant’s stock. Intel Q4 2023 Earnings Release However, after an initial 4% dip earlier this week,…