An options trade that seeks to capitalize on Intel weakness Friday

Chinese officials’ persistent effort to cut U.S. chipmakers out of the country are adversely impacting Intel and AMD yet again Friday. Former chip heavyweight Intel continues to take punches. However, just like Mike Tyson looking for a comeback against YouTuber Jake Paul this summer, Intel is looking to get off the mat and reclaim its chipmaking relevance. This trade seeks to take advantage of the current discount and the heightened volatility being applied to Intel. China has directed the country’s telecom carriers to cut out foreign chipmakers in three years, according to the Wall Street Journa l. The report hit…