economy
April 25, 2026
US has earned $27 billion on Intel stake as stock jumps after stronger-than-expected first-quarter results
US government records nearly $27 billion gain on Intel investment as chipmaker beats expectations, sending shares sharply higher
TL;DR
- US government's Intel investment has yielded an estimated $27 billion in paper profit.
- Intel shares have more than doubled this year, reaching levels not seen since the dot-com boom.
- The company reported better-than-expected first-quarter revenue of $13.6 billion, up 7% year-on-year.
- Intel's stock jumped over 20% on Friday following the positive results and outlook.
- The US government acquired a roughly 10% stake in Intel in August 2025 for national security and AI competition.
- Intel's rebound follows a significant decline in 2024 and previous leadership changes.
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