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US govt sees 300% gains as Intel stake value hits $36 billion
short by Mansi Agarwal / on Friday, 24 April, 2026
The value of the US government's stake in Intel has increased by around 300% to roughly $36 billion, Bloomberg reported. This comes after Intel shares hit a record high of about $85 on Friday amid strong Q1 results and a rebound in sales. In August 2025, the government said it would take a 9.9% stake in Intel for $8.9 billion.
read more at Moneycontrol