2 Chip Stocks Face More China Headwinds

Semiconductor stocks Advanced Micro Devices Inc (NASDAQ:AMD) and Intel Corp (NASDAQ:INTC) are under fire today, after a report from the Wall Street Journal indicated regulators in China earlier this year told the country's biggest telecommunication companies to curb foreign chips. The report is watering down upbeat sentiment that's followed advancements in artificial intelligence (AI) semiconductors.At last glance, AMD is down 4.2% to trade at $163.35. Despite the 27.6% drawdown from its March 8, all-time h ...