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Intel Momentum Spikes After Trump Reveals 'Tens Of Billions Of Dollars' In Federal Gains - Intel (NASDAQ:INTC)
Benzinga· 2026-01-09 12:29
Intel Corp.‘s (NASDAQ:INTC) quantitative metrics have entered elite territory, with Benzinga Edge’s Stock Rankings data signaling a massive surge in relative strength following President Donald Trump's announcement regarding the profitability of the U.S. government's stake in the chipmaker.Momentum Hits The 95th PercentileIntel's momentum score hit 95.49, placing the stock in the top 5% of all equities ranked. This metric measures a stock’s relative strength based on its price movement patterns and volatili ...
Trump Says Federal Intel Stake Has Made 'Tens Of Billions': Stock Climbs
Benzinga· 2026-01-08 22:09
President Donald Trump boasted about Intel Corp. (NASDAQ:INTC) new processors and the U.S. government’s stake in the company late Thursday afternoon. Intel shares moved higher. INTC stock is moving. See the chart and price action here. In a social media post, Trump said he had just completed a “great meeting with the very successful Intel CEO, Lip-Bu Tan.”“Intel just launched the first SUB 2 NANOMETER CPU PROCESSOR designed, built, and packaged right here in the U.S.A.,” Trump said. “The United States Gover ...
Intel stock rises after Trump touts 'very successful' CEO, applauds government's investment
CNBC· 2026-01-08 21:41
Group 1 - Intel shares increased by 2% following a positive social media post from President Trump regarding the company and its CEO [1] - The U.S. government acquired a 10% stake in Intel through an $8.9 billion investment from CHIP Act grants and semiconductor manufacturing awards [2] - Since the investment announcement, Intel shares have surged by 75%, raising the government's stake to over $18 billion, making it Intel's largest shareholder [3] Group 2 - Lip-Bu Tan became Intel's CEO in March, succeeding Pat Gelsinger, amid challenges from competitors like AMD and Nvidia [4] - Tan faced calls for resignation from Trump due to perceived conflicts of interest related to his investments in Chinese technology companies [5] - Intel has laid off thousands of employees and is reducing chip production in Europe under Tan's leadership [5]