Intel INTC 7.47%increase; green up pointing triangle stock jumped after President Trump said Apple agreed to work with the company to design and build chips in the U.S., an endorsement of the once-mighty chip maker’s turnaround plan.
In a Truth Social post, the president said the Apple-Intel partnership was the latest step in U.S. help for Intel. The company’s shares have surged fourfold since the federal government announced a 10% stake in it last August.Share price has risen fourfold since the U.S. government announced its investment in the company. Do you think that Trump is being used to negotiate dels for American companies through geopolitical influences ?
