Trump's Moves Push Intel To Strongest Week In 25 Years

Benzinga
2025.08.15 17:17
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Intel Corp. (INTC) is experiencing its best week since January 2000, largely due to support from President Trump. Following a meeting with Intel's CEO, discussions about a potential government stake in the company have energized the market. Reports suggest the Trump administration is considering using CHIPS Act funds for this investment. As a result, INTC shares have surged over 25% this week, reflecting optimism about federal involvement in reviving the American chip industry.