On Thursday, September 18th, 2025, a sign outside Intel’s headquarters in San Jose, California, USA.
David Paul Morris | Bloomberg | Getty Images
US chip maker stocks Intel It rose 3% on Thursday, bringing monthly profits above 50%.
The surge pushed the stock up above $37, hiking the value of Intel’s 10% US government shares to around $16 billion.
The Trump administration negotiated a $8.9 billion investment in Intel common stock in August, buying 433.3 million shares at $20.47 per share.
Press Secretary Caroline Lewitt celebrated the surge with a post to X from the Mature American Civic Association, a conservative organisation.
According to the release, the equity stakes are funded by grants previously awarded to Intel under former President Joe Biden’s US Chips and Science Act.
The company has already received $2.2 billion from chip grants, and is expected to receive an additional $5.7 billion. Another $3.2 billion will be awarded from another government program.
“With a focus on US chip manufacturing, President Trump is driving historic investments in key industries that are crucial to the country’s economic and national security,” CEO Lip Bu-Tan said in a release.
Together with the government, Intel is bringing together other major investors, including SoftBank and, more recently, Nvidia. In September, the GPU giant announced that it would invest $5 billion in Intel as part of a collaboration to jointly develop PC products with data centers.
The company’s multiple backings have helped problematic chipmakers bounce back after stocks reached lows in more than a decade this year.
Intel’s difficult stocks in 2024 were recorded as its worst year, with stocks falling 60%.
Intel’s stock is currently trading at the highest level in 18 months under Bu-Tan’s leadership, which means that some degree of confidence is recovering.
Intel shares rose 7% on Wednesday after news that the company is talking early AMD Add hardware manufacturers as customers.
Intel’s stock charts from the beginning of the year.
