Trump Endorses Intel-Government Share Deal, Boosting Stock Price
2025-08-23 / Read about 0 minute
Author:小编   

The U.S. government has announced its intention to acquire a roughly 10% stake in the struggling semiconductor giant Intel. In response to this news, Intel's share price surged approximately 6% on Friday. President Trump voiced his support for this initiative, highlighting that Intel's market capitalization had recently surpassed the $100 billion mark. According to reports, the U.S. government purchased 433.3 million common shares at $20.47 per share, amounting to a total investment of approximately $8.9 billion.