US government quadruples its $9bn Intel bet

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The state obtained 10% of the chipmaker’s stock in 2025, near its lowest valuation in over a decade The US government has gained an estimated $27 billion in paper profit from its Intel investment as the chipmaker’s shares have more than doubled since the beginning of this year alone. Intel shares jumped more than 20% on Friday after the company reported better-than-expected results. The Silicon Valley firm revealed on Thursday that it generated $13.6 billion in revenue for the first quarter of

US government quadruples its $9bn Intel bet https://www.rt.com - 25.04.2026 03:45

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US government quadruples its $9bn Intel bet https://www.rt.com - 25.04.2026 03:45