The U.S. government’s bet on Intel Corp. (NASDAQ:INTC) is paying off in a big way.
The Trump administration acquired a roughly 10% stake in Intel in August 2025, purchasing 433.3 million shares at $20.47 apiece — an $8.9 billion investment made at a discount to the then-market price.
INTC stock is climbing. See the chart and price action here.
Commerce Secretary Howard Lutnick framed it as a strategic move to anchor American semiconductor manufacturing on domestic soil. At the time, skeptics questioned whether Washington had bought into a company on the ropes.
Thursday’s earnings report is making those critics look very wrong.
Intel shares surged roughly 15% on the back of a first-quarter beat that turned heads across Wall Street.
With the stock trading near $80 post-earnings — up approximately 290% from the government’s $20.47 entry — Uncle Sam is sitting on an unrealized gain of roughly $26.5 billion.
Wall Street Reacts
Gene Munster put Intel’s results in sharp context.
“If there is ever a question regarding how early we are …Full story available on Benzinga.com
