After acquiring Intel last August, the U.S. government's holdings have increased in value by over $45 billion in just seven months.
Odaily reported, according to data from a certain exchange, Intel's US stock closed at $124.92, with a daily surge of +13.96%, bringing its market capitalization to over $627.8 billion. This means that the 9.9% stake (around 433.3 million shares) bought by the US government last August is now worth $54.1 billion, with an increase of more than $45 billion in just seven months.
Previously, it was reported that on August 22, 2025, the US government converted funds through the "CHIPS Act" and directly purchased Intel's newly issued original shares at a price of $20.47 per share.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The scale of cryptocurrency lending vaults has grown to over 10 billions dollars.
The Reserve Bank of Australia faces a dilemma in its rate hike path: the job market is cooling faster than expected, but inflationary pressures remain persistent.
Christopher Kent, Assistant Governor of the Reserve Bank of Australia (RBA), stated that the Australian labor market is showing signs of cooling faster than the central bank had anticipated. This highlights the dilemma faced by policymakers: striving to curb inflation while also preserving the gains already achieved in the job market.
Silver Price Forecast: XAG/USD gains above $57.50 as Fed rate hike bets decrease
Crypto prices
More
