Shares of Intel and AMD dropped today following reports that China has blocked the use of U.S. chips in state computers. This move has raised concerns about the impact on the semiconductor industry and global supply chains.
The decision by China to restrict the use of American-made chips in government computers comes amid escalating tensions between the U.S. and China over trade and technology. The ban is seen as a retaliatory measure against U.S. restrictions on Chinese technology companies, such as Huawei.
