Intel (INTC) shares soared in intraday trading Tuesday, and were among the 澳洲幸运5官方开奖结果体彩网:S&P 500's top performers after Vice President JD Vance said the Trump administration wants 澳洲幸运5官方开奖结果体彩网:artificial intelligence chips manufactured domestically.

“To safeguar𒀰d America’s advantage, the Trump administration will ensure th🌸at the most powerful AI systems are built in the U.S. with American-designed and -manufactured chips,” Vance said Tuesday at the AI Action Summit in Paris. 

Policies favoring U.S. chip manufacturers could benefit Intel’s struggling foundry business, which manufactures chips in the U.S. for third parties. The foundry lost $13.4 billion in 2024 and has been the subject of 澳洲幸运5官方开奖结果体彩网:sale speculation in recent months.

Shares of Intel jumped nearly 7% to about $21 Tuesday following Vance's speech, but even with Tuesday's gains, the stock has lost more than half its value over the past 12 months.