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419 US government’s Intel stake jumps 300% to $36B after CHIPS Act grants were converted to equity under Trump

The Next Web
Ana Maria Constantin @ The Next Web · 04/24/2026 16:02 EDT

In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a massive Q1 earnings beat. The $26.5 billion unrealised gain is one of the most […]
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