Government’s $8.9b Intel stake delivers 330% gain as Apple chip deal sends stock soaring
What began as a strategic government intervention to rescue a struggling American chipmaker has turned into one of the most profitable public investments in recent memory. The U.S. government’s 10% stake in Intel Corporation, acquired last August for $8.9 billion, has soared in value as the company’s stock has rocketed more than 330% since that … Continue reading Government’s $8.9b Intel stake delivers 330% gain as Apple chip deal sends stock soaring
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