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Intel stock surge valuation: Following his remarks
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Following his remarks, the S&P 500 and the NASDAQ have gained 1.4% and 1.70%, with both indexes being led by major semiconductor stocks in gains. Leading the pack is Intel , whose shares have... Shares of the struggling chipmaker have rallied 28 per cent this month, adding about US$24 billion in market value , on reports that the US government is in talks for a potential equity stake, as... Intel shares have been on a wild ride this month, but not the kind investors typically celebrate. The chipmaker’s stock jumped 28% in August, adding roughly $24 billion in market value , yet this rally comes with a hefty price tag. The surge began after reports emerged that the US government was considering taking a 10% equity stake in the company. Commerce Secretary Howard Lutnick confirmed Tuesday that the Trump administration is exploring ways to convert existing CHIPS Act grants into ... © 2025 by Finblage. Powered and secured by Finblage Digital Services
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