US EditionTrump says US government’s Intel stock made the country $30B in last 90 days
The stake has risen to about $36 billion after Intel’s strong earnings and stock rally, creating one of the government’s largest paper gains.
- The US government's investment in Intel Corp. has grown fourfold to about $36 billion, reflecting an estimated paper return of nearly $27 billion since August.
- Intel CEO Tan Lip-Bu secured the government's investment after improving relations with President Donald Trump, who had previously called for Tan's removal.
- The US taxpayer is expected to own 433.3 million Intel shares at $20.47 each, with over 270 million shares directly owned and some held in escrow, assuming all acquisition rights are exercised.
- Intel shares surged 24% to an all-time high of $82.54, marking the largest gain since 1987, coinciding with President Trump's remarks about Intel and other chip companies' resurgence.
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14 Articles
Fox Business
The New York LedgerUS rakes in $3B in 90 days from Intel stock, Trump says
President Donald Trump says the U.S. has brought in $30 billion in funds generated from federal stock holdings in Intel over the past 90 days alone.Trump made the announcement on Thursday, highlighting that he authorized the U.S. government to invest in the semiconductor manufacturing company. Trump revealed in August of last year that Intel had agreed to the federal government acquiring a 10% stake in the company."Intel Stock continues to rise.…
American Lookout
protrumpnews.comTrump Reveals US Made $30 Billion In Last 90 Days From Intel Shares
The Trump administration’s Intel investment is a major win for the United States. Trump revealed that in the last 90 days, America has earned over $30 billion in that stock alone. Truth Social: Intel Stock continues to rise. I’m very proud of that Company in that I am responsible for making the United States of America over 30 Billion Dollars in the last 90 days on that stock alone. There are others that, likewise, I have been very successful wi…
Trump Says Intel Investment Earned $30B for U.S. Government
WASHINGTON, D.C. — President Donald Trump said Wednesday that a federal investment in Intel has generated more than $30 billion in gains over the past 90 days, highlighting the administration’s involvement in the semiconductor industry. Trump pointed to the government’s 10% stake in Intel, acquired last year, as a successful example of using public funds to support domestic manufacturing while delivering returns for taxpayers. The government pur…
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