Intel Stock Rally Hands Tepper, Griffin, Simons, Asness Close To A $290M Payday

Core Insights - Intel Corp's stock has surged 39.38% from $22.40 to $31.22 since June 30, 2025, resulting in nearly $290 million in gains for four prominent hedge fund managers [1][2] - The increase in stock value is attributed to Intel's strategic pivot towards foundry services and artificial intelligence, alongside significant investments from NVIDIA and government support [2][3] Group 1 - Hedge fund managers David Tepper, Ken Griffin, Jim Simons, and Cliff Asness made substantial investments in Intel when its stock was at $22.40, acquiring millions of shares collectively worth over $700 million [2][3] - The combined gains from their investments reached approximately $289.47 million by September 25, 2025, as Intel's stock price rose to $31.22 [2] - The investment interest was sparked by NVIDIA's $5 billion investment and the U.S. government's 9.9% stake in Intel, positioning the company as a key player in national security [2][4] Group 2 - The hedge fund managers are betting on Intel's turnaround under CEO Lip-Bu Tan and the financial support from the CHIPS Act, indicating a belief in the company's future potential [3] - Concerns exist regarding competition from Apple and Qualcomm, which could impact Intel's ability to maintain its gains if it begins producing custom silicon for rivals [4] - Despite the current bullish sentiment around Intel, there are warnings about potential volatility and the need for careful monitoring of the company's foundry successes and regulatory environment [5]