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AMD and Intel dip on report China told telecoms to remove foreign chips

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AMD and Intel dip on report China told telecoms to remove foreign chips

Semiconductors are a key focus in the technology trade war taking place between the U.S. and China.

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Shares of Advanced Micro Devices and Intel dipped on Friday after

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that China is ordering the country’s largest telecommunications carriers to cease use of foreign chips.

Chinese officials issued the directive earlier this year for the telecom systems to replace non-Chinese…

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