Intel bags big gains! Chipmaker's shares jump 26% on blockbuster results; how Trump admin benefits

Apr 24, 2026 - 22:30
Intel bags big gains! Chipmaker's shares jump 26% on blockbuster results; how Trump admin benefits

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Intel's share price surged dramatically after exceeding first-quarter expectations, driven by strong demand in its Data Centre and AI division. This performance significantly boosts the US administration's investment, which acquired a stake during a period of financial strain. Intel's stock has now risen nearly 300% since the government's intervention.

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