The value of the U.S. government’s stake in Intel Corporation has increased fourfold, now valued at approximately $36 billion, following a positive financial outlook from the chipmaker that signals a resurgence in sales. This development represents an almost $27 billion return on paper since Intel and the government announced their investment in August.
Chief Executive Officer Lip-Bu Tan managed to secure this unconventional investment through efforts to win over the White House and mend relations with President Donald Trump, who had previously called for Tan’s removal.
The White House revealed details of the investment deal, which will likely result in the U.S. taxpayers owning 433.3 million shares of Intel once certain conditions are met. The shares were priced at $20.47 each, establishing the stake’s initial value at $8.9 billion. Taxpayers currently hold more than 270 million shares directly, while additional shares remain in an escrow account. This valuation presumes that the U.S. will exercise all its acquisition rights under the terms of the deal.
In addition to its investment in Intel, the Trump administration has announced over a dozen other initiatives aimed at supporting critical industries, including those involved in rare earth minerals, steel production, and nuclear energy. Trump is also contemplating a potential financial rescue for Spirit Airlines, which could give the government the opportunity to own up to 90% of the airline once it exits bankruptcy.
“We were the chip capital of the world,” Trump stated to reporters in Washington on Thursday, emphasizing that Intel is “coming back” along with other chip companies.
In recent trading, Intel shares surged 24% to $82.54 in New York on Friday. This marked the largest percentage gain for the company since 1987, pushing its stock to an all-time high.
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Published on April 25, 2026.
