Trump’s 10% Intel (INTC) Stake Gains $47 Billion After Apple Chip Deal
A US government stake in Intel, acquired during the Trump administration, has surged by $47 billion following a preliminary chip manufacturing deal with Apple.Summary
The U.S. government's 9.9% stake in Intel (INTC), acquired eight months ago for $8.9 billion, has seen its value skyrocket to $56.5 billion, yielding unrealized gains of approximately $47.6 billion. This significant increase occurred after Intel secured a preliminary deal to manufacture silicon chips for Apple devices. The stake, converted from unpaid federal funding in August 2025 using CHIPS and Science Act grants and Defense Department funds, was initially valued at $11 billion by then-President Trump. The U.S. Treasury holds this stake as a passive investor. The agreement with Apple, which historically relied on TSMC for its chips, is a crucial win for Intel's foundry business, which has been seeking anchor customers. This development, reported by The Wall Street Journal, also aligns with broader efforts to onshore semiconductor manufacturing.
(Source：BeInCrypto)