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The value of Intel shares held by the US government soared 300%

2026-07-07 11:01:48

Abstract generation in progress

ME News, April 24 (UTC+8), the value of U.S. government-held shares 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 amounts to nearly $27 billion. The company's CEO secured White House support through a charm offensive and repaired relations with President Trump, ultimately obtaining this extraordinary investment. (Jin Shi) (Source: ODAILY)

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