The value of the US government's stake in Intel has surged 300%.

robot
Abstract generation in progress
ME News, April 24 (UTC+8), after chipmaker Intel's financial outlook showed a sales recovery, the value of shares in Intel (INTC.O) held by the U.S. government surged 300% to approximately $36 billion. Since Intel and the U.S. government announced this investment in August last year, the paper return amounts to nearly $27 billion. The company's CEO won White House support through a charm offensive and mended ties with President Trump, ultimately securing this extraordinary investment. (Jin Shi) (Source: ODAILY)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned