1 of 1
Story summary
- The U.S. Department of Commerce holds a 9.9% stake in Intel (INTC) valued at $42 billion.
- The administration has invested $26.7 billion in deals, including a “golden share” in U.S. Steel.
- Federal budget rules treat equity purchases as outlays, causing Intel’s rise to $42 billion to be absent from budget documents.
- Accounts in President Donald Trump’s name bought Intel shares in March after stake was announced, though no insider-trading allegation has been made.
