Intel stock is up 50% over the last month, putting U.S. stake at $16 billion

Intel, the renowned American semiconductor manufacturer, saw its shares rise by 3% on Thursday, marking an impressive monthly increase that has surpassed 50%. This upward trend has propelled the stock price past the $37 mark, significantly enhancing the value of the U.S. government's 10% equity stake in the company to approximately $16 billion. The U.S. government's investment in Intel, which totals $8.9 billion, was finalized during the Trump administration in August. This deal involved the acquisition of 433.3 million shares at a price of $20.47 each. The recent stock surge has not gone unnoticed; Press Secretary Karoline Leavitt took to social media platform X to express excitement about the positive developments, sharing the news through the Association of Mature American Citizens, a conservative group. The momentum continued for Intel shares, which experienced a notable 7% jump on Wednesday. This spike followed reports indicating that the company is in preliminary discussions with AMD, suggesting a potential new partnership that could further enhance Intel's market position.