Trump Says US Made Over $30 Billion On Intel Stock In Just 90 Days: 'I Have Been Very Successful...'

On Wednesday, President Donald Trump touted the federal government's investment in Intel Corp. as one of America's most lucrative strategic bets.

Trump Celebrates Massive Intel Windfall

In a post on Truth Social, Trump said the government's equity position in Intel had generated enormous returns since his administration authorized the investment last summer.

"I'm very proud of that Company in that I am responsible for making the United States of America over 30 Billion Dollars in the last 90 days on that stock alone," Trump wrote.

He added, "There are others that, likewise, I have been very successful with by taking pieces of the Equity for support."

How The US Government's Intel Investment Grew

The U.S. government acquired a 10% stake in Intel in August, purchasing 433.3 million shares at $20.47 per share for roughly $8.9 billion.

The funding included $5.7 billion from the CHIPS and Science Act and $3.2 billion from secure semiconductor initiatives.

With Intel stock closing Wednesday at $94.75, up 12.06%, the federal stake's value has surged to more than $41 billion, representing an unrealized gain exceeding $30 billion.

Political Divide Over Government Ownership

Trump previously called the arrangement a "great Deal for America."

Sen. Bernie Sanders (I-Vt.) supported the move, arguing taxpayers deserve returns when corporations receive federal aid.

"Taxpayers … have a right to a reasonable return on that investment," Sanders said.

However, Sen. Rand Paul (R-Ky.) criticized the deal, calling it "a terrible idea" and warning it represented government overreach.

Intel Beats Earnings, Revenue Estimates And Raises Q2 Outlook

Last week, Intel posted quarterly earnings of 29 cents per share, significantly surpassing analysts' consensus forecast of one cent.

The chipmaker reported quarterly revenue of $13.58 billion, topping Wall Street expectations of $12.42 billion by 9.28% and rising from $12.67 billion during the same quarter a year earlier.

Looking ahead, Intel projected second-quarter adjusted earnings of 20 cents per share, well above analysts' estimate of 9 cents, while forecasting revenue between $13.8 billion and $14.8 billion, compared with the Street's $13.07 billion expectation.