The US government made $25.7 billion on a single stock trade in 8 months.
Trump invested $8.9 billion in Intel at $20.47 per share in August 2025. Intel just reported earnings and surged 20% after hours to $80.
That 10% stake is now worth $34.6 billion.
Trump converted Biden's CHIPS Act grants into an equity stake instead of just handing Intel the money.
The grants were $5.7 billion. He added $3.2 billion from the Secure Enclave defense program. Total investment $8.9 billion.
433.3 million shares at $20.47 each. No board seat or governance rights. Just a passive 10% ownership.
Intel was trading at $24 when the deal was announced. Wall Street called it a bailout and the stock was down 60% from its 2024 highs.
8 months later the US taxpayer is up $25.7 billion on paper.
That is a better return than most hedge funds make in a decade.
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