The chipmaker's stock has soared since the U.S. equity deal in August gave the government 9.9% of the company.
The government, which took a nearly 10% stake in Intel last August, has seen gains on paper of $27 billion following the big post-earnings rally.
Intel stock surge just hit a historic peak. Shares of Intel jumped nearly 28% in one session. A $8.9 billion U.S. stake in Intel is now worth nearly $36 billion. That is a gain of about $28 billion in ...
Trump also said that if he had been in office earlier and used tariffs to protect American chip companies, Intel would have ...
U.S. President Donald Trump said he "should have asked for more" of a stake in Intel on behalf of the U.S. government, in an ...
On a recent TBPN segment, host John Coogan walked listeners through what he framed as the most consequential industrial ...
Intel Corp. (NASDAQ: INTC) stock rose Friday as renewed focus on the chipmaker's turnaround and the U.S. government's growing ownership stake boosted investor sentiment. President Donald Trump ...
President Trump said on Wednesday that federal stock holdings in Intel generated over $30 billion over the last several months, after he authorized the U.S. government’s investment in the struggling ...