25-April-2026
Corporate News
 
US government stake in Intel has jumped 300% to $36 billion
25-Apr-2026

The value of the US government stake in Intel Corp. has increased fourfold to hit a value of about $36 billion after the chipmaker's financial outlook showed a resurgence in sales. That's the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Executive Officer Lip-Bu Tan secured the unconventional investment following a charm offensive to win over the White House and repair relations with President Donald Trump, who'd called for Tan's ouster.

News Source:- https://www.moneycontrol.com/news/business/companies/us-government-stake-in-intel-has-jumped-300-to-36-billion-13898958.html