Intel informed Chinese clients last week that it will now require a license to export certain high-performance AI processors, according to the Financial Times. The move follows similar restrictions impacting Nvidia, which warned of a nearly $5 billion revenue hit. The new chip licensing rule escalates U.S.-China trade tensions as the Trump administration suspends tariffs for some countries while raising them on Chinese goods. Intel shares fell over 3% on Wednesday, extending a year-long decline of nearly 47% and a nearly 5% drop year-to-date.
