Taxpayers are making a fortune! The valuation of the US government's holdings in Intel Corporation (INTC.US) has increased by over 300% to about $36 billion.

date
23:53 24/04/2026
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GMT Eight
Intel's stock price has surged, also causing a significant increase in the value of the shares held by the US government.
Due to the improvement in financial prospects and the anticipation of sales revival, the stock price of Intel Corporation (INTC.US) has surged, also significantly increasing the value of the shares held by the U.S. government. The latest estimate shows that the market value of Intel Corporation shares held by the U.S. government has risen to around $36 billion, more than 300% higher than the estimated value of $8.9 billion when the investment was announced in August last year, with an unrealized gain of nearly $27 billion. According to the agreement previously announced by the White House, upon meeting the relevant conditions, American taxpayers will hold approximately 433.3 million shares of Intel Corporation stock, priced at $20.47 per share, with an initial value of around $8.9 billion. Currently, American taxpayers already directly hold over 270 million shares, with the remaining shares held in custody accounts. If the government exercises all purchase rights under the agreement, the aforementioned $36 billion valuation will be established. On Thursday, the stock price of Intel Corporation rose by 24% at one point, reaching $82.74, hitting a new all-time high with an intraday peak of $85.22. Based on the intraday high, the value of the shares held by the U.S. government is close to $37 billion. The market believes that behind the soaring stock price is mainly due to the latest financial guidance from Intel Corporation sending signals of recovery. Improved sales prospects are boosting investor expectations of the company regaining growth momentum in the semiconductor competition. It is worth noting that this controversial government investment deal was led by Intel Corporation's CEO, Chen Liwu. It is reported that Chen Liwu actively sought White House support and repaired his relationship with President Trump. Previously, Trump had publicly demanded his resignation. Now, this unconventional investment not only has substantial returns on paper, but is also seen as one of the important cases of Trump administration industrial policy. In addition to investing in Intel Corporation, the Trump administration has announced over a dozen transactions supporting key industries, covering areas such as rare earths, steel manufacturing, and nuclear power. Reports suggest that the White House is even considering providing potential financial assistance to the struggling Spirit Airlines and may have up to 90% equity ownership after its bankruptcy restructuring. On Thursday in Washington, Trump told reporters, "We used to be the global capital of chips," and now Intel Corporation is "coming back, all chip companies are coming back."