U.S. government’s Intel stake swells to $35 billion, netting $26.5 billion unrealized gain
CoinDesk
The U.S. government’s Intel stake has reached a $26.5 billion unrealized gain following a 22% surge in the chipmaker's share price.Summary
Following a strong first-quarter earnings report, Intel shares rose over 22%, significantly increasing the value of the U.S. government's 9.9% stake. Acquired through the CHIPS Act, the government's holding is now valued at approximately $35.4 billion, representing a $26.5 billion unrealized gain. The growth is primarily attributed to Intel’s Data Center and AI segment, which saw a 22% increase in revenue due to rising demand for Xeon processors.
(Source：CoinDesk)