US government’s $8.9B Intel stake surges to $50.7B, netting nearly $42B unrealized gain.

The US government invested $8.9 billion last year to acquire a 9.9% stake in Intel, buying 433.3 million shares at $20.47 each under the CHIPS Act. Intel’s stock price has since surged to $117, making the government’s shares worth about $50.7 billion, an unrealized gain of nearly $41.8 billion, or almost five times the original investment. This investment reflects a strategic move to position Intel as a national asset amid rising semiconductor demand and geopolitical importance. Despite ongoing execution risks, Intel’s stock rally in 2026, up 219%, highlights renewed momentum and political backing for the company’s future.