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Tuesday, Aug 12, 2025
Outside the box.
Markets Slip as Government Targets AI-Chip Exports
Semiconductor firms pressured; Intel CEO to visit White House
U.S. stock indices closed lower on August 11, with the Dow down 0.4 percent, the S&P 500 off 0.09 percent, and the Nasdaq slipping 0.06 percent.
Semiconductor companies faced selling pressure after the federal government demanded a share of revenue from AI-chip exports.
Intel’s CEO is set to visit the White House, while sports-entertainment company TKO Group saw shares rise after securing a $7.7 billion rights deal for UFC.
Semiconductor companies faced selling pressure after the federal government demanded a share of revenue from AI-chip exports.
Intel’s CEO is set to visit the White House, while sports-entertainment company TKO Group saw shares rise after securing a $7.7 billion rights deal for UFC.
