Aug. 15 at 9:56 AM
🔥
$INTC ripping in premarket (+2.7% to
$24.51) after reports the Trump admin is eyeing a stake in the struggling chip giant. This comes just days after Trump blasted CEO Lip-Bu Tan over alleged China military ties — then reportedly met with him to talk funding.
💰 A gov stake could be a lifeline for Intel’s Ohio mega-fab plans & a shot at catching
$NVDA in the AI chip race. INTC’s mkt cap is down 50% since 2020 & it posted a
$20.5B loss over the last 12 months, but YTD the stock’s up 19% vs
$SPY +9.9%.
⚡ If DC money hits the table, it’s not just about chips — it’s about national security, competition with
$TSM &
$SSNLF, and maybe the boldest U.S. gov move in semis ever.
#semiconductors #AI #stocks
$INTC