03 Oct 2025 | 3 Mins Read
Intel stock surges 50% in a month, valuing U.S. stake at $16 billion
Flipitmoney
Intel's stock surged 3%, pushing past $37 and making the US government's 10% stake worth around $16 billion. The stake was acquired with an $8.9 billion investment negotiated by the Trump administration. The funds come from US CHIPS and Science Act grants, totaling $2.2 billion received and an additional $8.6 billion yet to be awarded.