Intel Shares Surge on Election
This is a U.S. news story, published by MSN, that relates primarily to Intel news.
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chip dealThe Motley Fool
•What Trump's Victory Means for Intel Stock
77% Informative
The CHIPS Act allocates $52.7 billion for American semiconductor activity, including $39 billion in manufacturing incentives.
The law is designed to make the U.S. semiconductor industry more resilient and ensure an adequate supply of chips at a time when Taiwan , the center of the global semiconductor manufacturing industry, is under pressure from China .
Investors seem to think that Trump 's victory is a positive sign for Intel 's stock.
Intel and its peers got a bump from the election, which should give them some reassurance for now.
Now is the best time to buy Intel before it’s too late.
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