US government stake in Intel surges to $36 billion. The Trump administration's investment in the chipmaker has quadrupled in value since August, generating nearly $27 billion in paper gains as Intel's stock jumped 24% to hit record highs. The government will own 433.3 million shares once conditions are met, part of a broader strategy to strengthen critical domestic industries including semiconductors, rare earths, and steelmaking. Intel's resurgence reflects improved business outlook and CEO Lip-Bu Tan's efforts to rebuild relations with the White House. The stock's biggest single-day gain since 1987 signals growing confidence in the company's turnaround and the administration's commitment to revitalizing American chip manufacturing capabilities.
