US stock market: Intel shares buck the chips rout, rise 8%

US stock market: Intel shares buck the chips rout, rise 8%

Intel Corp. shares bucked the chips rout on Wednesday, rising as much as 8.2 per cent on speculations that the company could benefit from policies under either a Biden or Trump administration. Chip stocks plunged on worries over trade curbs on companies giving China access to advanced semiconductor technology. The Philadelphia Semiconductor Index sank 4 … Read more