The US government now holds a 9.9% stake in Intel, initially acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at a price of $20.47 per share. Following Intel’s impressive Q1 earnings report, the stock price surged over 20%, boosting the value of this stake to around $36 billion. This represents an unrealized gain of approximately $26.5 billion, highlighting a significant return on investment from the government’s strategic move.
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