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

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