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Intel Stock Surges
Description
The U.S. government acquired a ~10% stake in Intel in August 2025, buying 433.3M shares at $20.47 for $8.9B to support domestic semiconductor manufacturing. Intel's Q1 earnings beat drove shares to ~$80, up ~290% from the government's entry price, resulting in an unrealized gain of ~$26.5B. Intel revenue grew 7% in March 2026 with potential for 24% growth based on guidance. Shares jumped 19.79% after hours.
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