Intel shares surge after meeting with President Trump, marking a shift in US industrial policy
🔹 Intel shares rose approximately 10% after CEO Tan Lip-Bu met with President Trump, extending gains since the US government purchased shares last August.
🔹 The US invested $8.9 billion to purchase 433.3 million shares at $20.47 each. This investment is currently valued at approximately $19 billion.
🔹 President Trump praised Intel as a strategic semiconductor company and stated that the US government is “proud to be a shareholder of Intel.”
PS: The US is shifting from subsidized support to direct equity ownership in key companies, indicating a clear change in industrial policy.
The goal is to secure a domestic chip supply chain, reduce foreign dependence, and enhance national security.
This signals that strategic companies can receive long-term government support, mitigating risks and supporting stock valuations.
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