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

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ME News, April 24 (UTC+8), the value of the U.S. government's stake in chipmaker Intel (INTC.O) surged 300% to approximately $36 billion after the company's financial outlook showed a recovery in sales. Since Intel and the U.S. government announced this investment in August last year, the paper return has amounted to nearly $27 billion. The company's CEO won White House support through a charm offensive and repaired relations with President Trump, ultimately securing this extraordinary investment. (Jin10) (Source: ODaily)
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