The value of Intel shares held by the U.S. government skyrocketed by 300%

In the financial outlook of chip manufacturer Intel, following a sales recovery, the value of Intel shares held by the U.S. government surged 300%, reaching approximately $36 billion. Since Intel and the U.S. government announced this investment in August last year, the paper gains amount to nearly $27 billion. The company’s CEO gained the support of the White House through a charm offensive and repaired relations with President Trump, ultimately securing this extraordinary investment. (Sina Finance)

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