Intel Stock Rallies 50% Over The Last Month—Government's Stake Nearly Doubles To $16 Billion
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Intel Corp. (NASDAQ:INTC) stock has surged over 50% in the last month, with a 3.9% increase on Thursday. The U.S. government's stake in Intel has nearly doubled to approximately $16 billion since its initial investment of $8.9 billion in August. This rally follows reports of Intel's discussions with AMD regarding a potential partnership. The White House celebrated the investment's success, highlighting the significant rise in value.
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