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Intel stock rises after Trump touts ‘very successful' CEO, applauds government's investment [CNBC]
Last intel corporation earnings: 4/23 04:07 pm
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“I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” Trump wrote on Truth Social. In this article Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose 2% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker and its CEO, and championed the government's investment in the company. “I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” Trump wrote on Truth Social. In August, the U.S. government took a 10% stake in Intel through an $8.9 billion investment. That came from CHIP Act grants that hadn't been paid and government awards for semiconductor manufacturing. “The United States Government is proud to be a Shareholder of Intel, and has already made, through its U.S.A. ownership position, Tens o
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- Why Intel Stock Soared Today [Yahoo! Finance][Yahoo! Finance]
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- Intel: A Series Of (Suspiciously) Fortunate Events (Rating Downgrade) [Seeking Alpha][Seeking Alpha]
- Intel Extends Rally After Hitting New 52-Week High [Yahoo! Finance][Yahoo! Finance]
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