Intel’s Data Center Business Faces a New Trade War Threat
Intel (NASDAQ: INTC) was recently caught in the trade war crossfire as the U.S. Department of Defense added Chinese tech giant Inspur to its "entity list" of companies with close ties to the Chinese government. Inspur controlled nearly 37.6% of China's server market in the first quarter of 2020, according to Gartner, and spent 17.9 billion yuan ($2.5 billion) on Intel's components last year. Intel suspended its shipments to Inspur, and it seemed like another big setback for the chipmaker -- which is still struggling with an ongoing chip shortage, intense competition from AMD (NASDAQ: AMD), and the loss of Apple (NASDAQ: AAPL) as a top customer.
