By JBizNews Desk
NEW YORK — April 30, 2026
President Donald Trump touted the federal government’s investment in Intel Corp. (NASDAQ: INTC) as one of America’s most lucrative strategic bets, claiming it has already generated more than $30 billion in profits in just 90 days.
In a post on Truth Social Wednesday, Trump wrote: “I’m very proud of that Company in that I am responsible for making the United States of America over 30 Billion Dollars in the last 90 days on that stock alone.” He added, “There are others that, likewise, I have been very successful with by taking pieces of the Equity for support.”
The U.S. government acquired a roughly 10% stake in Intel last August, purchasing 433.3 million shares at $20.47 per share for approximately $8.9 billion. The investment was funded with $5.7 billion from the CHIPS and Science Act and $3.2 billion from secure semiconductor initiatives.
Business Implications
The rapid paper gain on the Intel position underscores the potential upside of the government’s equity-for-support model in critical technology sectors. With Intel’s stock having rallied sharply since the August purchase, the U.S. now holds a significant unrealized profit on its taxpayer-funded stake. The approach — taking equity stakes in exchange for federal support — could become a template for future strategic investments in semiconductors, AI infrastructure, and advanced manufacturing.
Markets will watch closely to see whether the administration expands this model to other companies, especially as the CHIPS Act continues to deploy funds aimed at bolstering domestic chip production and reducing reliance on foreign supply chains.
— JBizNews Desk
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