INTC Stock Alert: Intel Faces a China-Sized Blow

Intel (NASDAQ:INTC) stock is sliding lower on Friday as the semiconductor company deal with reports of China limiting its use in the country.China has reportedly been making strides in reducing its reliance on technology from the U.S. That includes phasing out computers and other devices that make use of chips from Intel and Advanced Micro Devices (NASDAQ:AMD).The latest news is that China wants telecom companies to limit the use of devices with chips from these two companies. This puts further stress on IN ...