Intel Corp. (INTC) saw a 23.1% increase in shares last week following potential US government financial support. President Trump, who previously criticized INTC’s CEO, now praises his success. The government may acquire a stake in the company through the 2022 CHIPS Act. INTC underwent a restructuring plan last year to improve profitability. Investors may consider other AI stocks for higher returns.
Read more at Yahoo Finance: Intel Corp. (INTC) Gets 23% Boost on US Govt Backing
