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Benzinga
Benzinga
Business
Dylan Berman

What's Going On With Intel Shares Friday?

Intel Corp.

Intel Corporation (NASDAQ: INTC) shares are trading higher on Friday following reports suggesting President Donald Trump wants to curb dependence on foreign-made semiconductors and expand domestic manufacturing.

What To Know: According to reports, the U.S. is planning to push chipmakers to match the volume of semiconductors their customers currently import from overseas providers through domestic production, or pay a tariff.

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