meta_pixel
Tapesearch Logo
Log in
Wall Street Breakfast

China blocks Intel, AMD chips in government computers

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 25 March 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

China said to block use of Intel (INTC), AMD chips in government computers. (00:26) Boeing (BA) union wants board seat to 'save company from itself' - report. (01:14) Germany cannabis legalization on schedule as bill clears final hurdle. (02:34)

Episode transcripts seekingalpha.com/wsb.

Show links: 
Biggest stock movers today: DWAC, ACB, and more
Earnings week ahead: Walgreens Boots Alliance, Carnival, GameStop and more
Look beyond the Magnificent 7 to the GRANOLAS - Goldman
Blackstone said to weigh $1.89B sale of WeWork rival The Office Group

Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

0:08.0

Good morning. Today is Monday, March 25th. I'm Julie Morgan.

0:13.0

China is turning to domestic alternatives to Intel, AMD, and Microsoft.

0:19.0

Boeing workers are looking for a seat at the table,

0:22.2

and Germany is becoming weed-friendly.

0:25.9

China has reportedly adopted guidelines

0:28.5

to halt the use of US-made microprocessors

0:31.6

from Intel and AMD in its government servers and personal computers.

0:37.0

The Financial Times reported on Sunday that the guidance also seeks to cut usage of Microsoft's Windows operating system and foreign-made

0:45.2

database software replacing both with domestic alternatives. Chinese officials

0:50.6

have begun following the guidelines first introduced in December.

0:54.4

The rules required government agencies above the township level to include criteria

0:59.5

requiring safe and reliable processors in operating systems when making purchases.

1:05.4

Microsoft and Intel declined to comment to the FT while AMD did not immediately

1:10.8

respond to a request for comment.

1:14.3

As Boeing faces mounting scrutiny over quality controls after back-to-back safety mishaps,

1:20.3

his largest labor union is seeking a board seat to save the company from itself.

1:26.0

The union president told the FT that a union representative would bring a grounding and balancing to Boeing's board.

1:33.8

John Holden, the president of the International Association of Machinists,

1:38.1

District 751, said they're motivated to ensure their members have a say and they have a unique ability to

1:44.6

understand the production system. He went on to say that with what's going on these

1:48.9

days they're oftentimes the last line of defense and they have to save this company from itself.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.