INTC stock price: Intel shares jump 8% after JD Vance vows to safeguard American chips from ‘theft and misuse’ at Paris AI summit

However, shares of Intel rivals Nvidia and Broadcom stayed relatively flat.

Shares of Intel Corporation (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance said that the U.S. will safeguard American artificial intelligence and chip technologies from “theft and misuse” by its “adversaries,” making a veiled reference to China. (The stock closed up by just over 6%.)