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Is there a more intriguing stock to talk about right now than Intel (INTC)? Because while AI’s leading players steal the spotlight every day, the pure drama surrounding this once-iconic chip maker, a true market hero of the 1990s, is about to get weirder. Yes, I said weirder.
Since that time late last century, when INTC literally powered the growth of personal computing, it has lost its way. Then, recently, the company found it again. Thanks to a most unusual investment event. The U.S. government, specifically President Donald Trump’s administration, decided to invest in the company. Last August’s announcement of an $8.9 billion investment in INTC stock was billed as a way to “support the continued expansion of American technology and manufacturing leadership.” But it was also a rare move by a government in this country, even if it is common elsewhere around the globe.
