WASHINGTON / LONDON (IT BOLTWISE) – The Trump administration’s surprise investment in Intel is starting to show results. The chip giant is reporting higher sales and an impressive share price increase of over 90 percent since August. This development could sustainably strengthen Intel’s position in the global technology market.
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The Trump administration’s recent investment in Intel has proven to be strategically smart. After the US government announced in August that it was converting around $9 billion in federal grants into a 10 percent stake in Intel, there is now a clear upward trend. Intel’s stock price has more than doubled since then, indicating growing confidence in the company’s future.
Intel’s latest quarterly report underscores this success. The company reported revenue of $13.7 billion, up 3 percent year over year. This is the fourth quarter in a row that Intel has beaten its revenue forecasts. Demand for x86 chips, which play a central role in AI infrastructure, remains high, although GPUs such as NVIDIA’s H100s remain the standard for AI models.
The Trump administration’s investment came shortly after President Trump publicly called for the resignation of CEO Lip-Bu Tan due to alleged ties to China. However, after a positive meeting with Tan, Trump changed his mind and supported the investment. Speaking at the earnings call, Tan said he was honored by the government’s trust and emphasized the importance of the partnership with the US.
Intel has also benefited from investments from other major players such as NVIDIA and Softbank in recent months. These investments, along with the opening of the new high-tech factory Fab 52 in Arizona, could further strengthen Intel’s position in the global chip market. However, analysts emphasize that Intel still needs to win large customers for its foundry chips in order to further consolidate its market position.
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