US government stake in Intel jumps fourfold to $36 billion

US government stake in Intel jumps fourfold to $36 billion

Summary

US government’s Intel stake rises to $36 billion, delivering a $27 billion paper gain as shares hit record highs amid improving outlook for the chipmaker.

Description

US government’s Intel stake rises to $36 billion, delivering a $27 billion paper gain as shares hit record highs amid improving outlook for the chipmaker.

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