Intel falls after report of curbs on exports to Chinese clients

Intel shares INTC.O down 1.8% at $18.88 in premarket trading after FT reports the American chipmaker will need license to export some advanced AI processors to Chinese clients

Other chip stocks rise following TSMC's 2330.TW upbeat quarterly earnings after being battered on Wednesday with U.S. announcing chip export controls

U.S.-listed shares of Taiwan Semiconductors TSM.N up 4.8%, Nvidia NVDA.O up 1.3%, Advanced Micro Devices AMD.O up 1.6%, Qualcomm QCOM.O up 1.8%, Broadcom AVGO.O up 2%

Nvidia NVDA.O announced on Tuesday that it will face $5.5 bln in charges due to U.S. chip export curbs, closing almost 7% lower

INTC closed more than 3% lower at $19.23 on Wednesday

As of last close, INTC down 4% YTD