Chip Manufacturing in America
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Intel Shares Rally After Trump Hails the Chipmaker’s Progress
Yahoo Finance· 2026-01-09 21:26
Core Viewpoint - Intel Corp. shares experienced significant gains following President Trump's endorsement of the company's technological advancements and stock performance, particularly after a meeting with CEO Lip-Bu Tan [1][2]. Group 1: Stock Performance - Intel shares rose 11% to $45.55, marking the largest single-day increase since September 18, 2023, and the stock is up approximately 23% year-to-date [2]. - Since the announcement of the federal government's plan to acquire up to 10% of Intel, the stock has surged about 90%, with the US currently holding a roughly 5.5% stake [1]. Group 2: Company Developments - CEO Lip-Bu Tan has been proactive since taking over in March, focusing on stabilizing Intel's business and securing investments from Nvidia Corp. and SoftBank Group Corp. [3]. - Intel is set to begin shipping its first sub-2-nanometer 18A products by the end of 2025, although it still relies on Taiwan Semiconductor Manufacturing Co. for some chip fabrication [4]. Group 3: Government Investment - The US government's stake in Intel was valued at $5.7 billion when purchased in August, with potential future value contingent on developments, estimated at $27.7 billion if all shares were owned [6]. - Trump's claim of "Tens of Billions of Dollars for the American People" from the investment does not reflect the current actual gains, which are less than that [5].
Intel Momentum Spikes After Trump Reveals 'Tens Of Billions Of Dollars' In Federal Gains - Intel (NASDAQ:INTC)
Benzinga· 2026-01-09 12:29
Group 1 - Intel Corp.'s quantitative metrics have reached elite levels, with a significant increase in relative strength following President Trump's announcement about the profitability of the U.S. government's stake in the company [1][4] - The momentum score for Intel hit 95.49, placing it in the top 5% of all equities, indicating a broad-based reversal for the semiconductor giant and positive trends across all key time horizons [2] - Shares of Intel have increased by 75.38% over the last six months and 114.67% over the last year, reflecting strong performance despite a recent 3.57% decline [6] Group 2 - The surge in buying pressure is attributed to Trump's announcement that the federal government's 9.9% equity stake, acquired for $8.9 billion, has generated "Tens of Billions of Dollars for the American People" in just four months [4] - Trump emphasized the determination to bring leading-edge chip manufacturing back to America, highlighting the positive impact of a meeting with CEO Lip-Bu Tan and the launch of Intel's first sub-2-nanometer CPU processor [5]
Trump Says Federal Intel Stake Has Made 'Tens Of Billions': Stock Climbs
Benzinga· 2026-01-08 22:09
Core Viewpoint - President Trump highlighted Intel Corp.'s new processors and the U.S. government's investment in the company, which positively impacted Intel's stock price [1][2]. Group 1: Company Developments - Intel launched the first sub-2 nanometer CPU processor designed, built, and packaged in the U.S.A. [2] - The U.S. government holds a 9.9% equity stake in Intel, acquired through an $8.9 billion investment [4]. - The funding for this investment was primarily derived from grants authorized under the CHIPS Act [5]. Group 2: Financial Impact - Trump claimed that the U.S. government's stake in Intel has generated tens of billions of dollars for American taxpayers within just four months [3]. - Following Trump's announcement, Intel shares increased by 1.78%, reaching $41.84 in extended trading [5]. Group 3: Historical Context - Trump's relationship with Intel and CEO Lip-Bu Tan has been complex, with a previous demand for Tan's resignation due to perceived conflicts of interest [4]. - After a significant meeting, Trump reversed his position and announced the equity stake agreement with Intel [4].
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]