In contrast, Intel's stock saw a slight increase following reports that its chip manufacturing business might benefit from collaborations with Nvidia and Broadcom, who are testing Intel's advanced 18A process for AI chips. Meanwhile, Taiwan Semiconductor Manufacturing Corp.'s U.S.-traded shares fell by 2.5%. The situation highlights the complex dynamics in the semiconductor industry amid geopolitical tensions and regulatory challenges.
Key takeaways:
- Nvidia, Super Micro Computer, and Dell shares plunged due to an investigation into servers shipped to Malaysia potentially ending up in China.
- Singapore is investigating the final destination of the servers and seeking information from Malaysia and the U.S.
- The investigation could lead to increased U.S. scrutiny on equipment exports, potentially affecting sales growth.
- Intel's stock rose as it may benefit from Nvidia and Broadcom testing chip manufacturing with Intel's advanced 18A process.