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Intel Stock Is Soaring. Is the Turnaround Gamble Finally Paying Off?
Investopedia· 2026-01-07 21:51
Then, in August, a chummy meeting between Tan and President Trump changed everything. The Trump administration announced a nearly $10 billion investment in the company, making the U.S. government Intel's largest shareholder. A month later, Nvidia (NVDA) came on board, agreeing to invest $5 billion and collaborate with its competitor. Investors liked the infusions of cash, as well as the optics of support from the federal government and the world's most valuable company. Shares soared out of their slump, mor ...