Intel Shares Soar After Trump Praises CEO, Hails US Government Stake

• Intel shares rose 2% after President Trump praised CEO Lip-Bu Tan on Truth Social, highlighting a "great meeting."
• US government's $8.9 billion investment in Intel via CHIPS Act grants, giving it a 10% stake, is now valued over $18 billion.
• Intel's stock has climbed 75% since the government became its largest single shareholder, reinforcing confidence.
• CEO Lip-Bu Tan is reshaping Intel's strategy amid competition, scaling back some expansion but prioritizing domestic production.
• Intel announced advanced 18A PC chips at CES Las Vegas, claimed as the most advanced US-produced semiconductor.

Why It Matters: Trump's praise and US government's profitable Intel stake boost investor confidence and highlight strategic importance.