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Intel Shares Surge 2% After Trump’s Praise and Investment

1/9/2026

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Summary

Story summary

After-hours, Intel shares rose 2% following U.S. President Donald Trump's post praising company and CEO Lip-Bu Tan.
Trump praised the U.S. government's $8.9 billion Intel investment as a 10% stake via CHIPS Act grants.
He said the investment has generated tens of billions for Americans in four months.
Since the announcement, Intel's shares have risen 75%, with the government's stake over $18 billion, making U.S. the largest shareholder in Intel.

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Story summary

After-hours, Intel shares rose 2% following U.S. President Donald Trump's post praising company and CEO Lip-Bu Tan.
Trump praised the U.S. government's $8.9 billion Intel investment as a 10% stake via CHIPS Act grants.
He said the investment has generated tens of billions for Americans in four months.
Since the announcement, Intel's shares have risen 75%, with the government's stake over $18 billion, making U.S. the largest shareholder in Intel.