The government's 9.9% stake in Intel, acquired for $8.9 billion last August, has grown to be worth more than $50 billion
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The government's 9.9% stake in Intel, acquired for $8.9 billion last August, has grown to be worth more than $50 billion
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U.S. President Donald Trump said he "should have asked for more" of a stake in Intel on behalf of the U.S. government, in an interview with Fortune magazine published on Monday. (Reporting by Ananya Palyekar in Bengaluru; Editing by Alex Richardson)
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Intel stock performance snapshot Intel (INTC) has been on many investors’ radar after a period of mixed share performance, with the stock down 6.2% over the past day but up 58.8% over the past month. See our latest analysis for Intel. Despite the recent 6.2% single day share price decline and a 12.9% drop over the past week, Intel’s 30 day share price return of 58.8% and very large 1 year total shareholder return suggest momentum has been strong, even if short term sentiment looks more...
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