Intel (INTC) shares fell Wednesday after a Chine🐼se industry group said the chips that Intel sells in China should be reviewed for national security risk🅷s. 

According to a report Wednesday from Reuters, the Cybersecurity Association of China (CSAC) said Intel has “constantly harmed” the country’s interests and security. The body, while not a government agency itself, called for a review of Intel products by the Cyberspace Administration of China (CAC), the country’s cyberspace and internet regulator, the news agency reported. 

"It is recommended that a network security review is initiated on the products Intel sells in China, so as to effectively safeguard China's national security and the legitimate rights and interests of Chinese consumers," CSAC said Wednesday, per Reuters.

Not First Action in China Against US Chip Maker

Intel didn't immediately respond to a request for comment by Investopedia.

There is some precedent for China taking action against American 澳洲幸运5官方开奖结果体彩网:semiconductor companies. In 2023, the CAC banned the sale of Micron Technology (MU) products to companies in China, citing a similar national security review.

Intel shares dropped about 4% early Wednesday, then recovered some ground to trade about 1% lower, at $22.42, by 1:15 p.m. ET. They have lost more than half their value year-to-date.