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Intel, GFS stocks jump as VP Vance supports US-made AI chips
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Intel (INTC) and GlobalFoundries (GFS) stocks are surging following Vice President JD Vance's advocacy for using US-manufactured chips in domestic artificial intelligence (AI) systems. Notably, while the VP's comments boosted these American chipmakers' shares, the specific chips referenced in his statements are not currently produced by either company.
Market Domination hosts Julie Hyman and Josh Lipton break down the details.
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This post was written by Angel Smith
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