The federal government’s stake in Intel Corp. (NASDAQ:INTC) lost roughly $12 billion in paper value Friday as the chipmaker’s shares collapsed.
INTC stock is tanking. Intel shares sank about 30% to roughly $64 on Friday morning after issuing weaker-than-expected guidance and pointing to ongoing softness in the PC market.
47 each. 9 billion, per Benzinga Pro data.
2 billion. The damage looks worse against Intel’s peak.
A months-long rally pushed the stake’s value as high as $61 billion, The Wall Street Journal reported. Read Also: Bears Load Up on Ondas, Dutch Bros and 8 More Stocks — Is a Squeeze Brewing?
05 billion consensus. Before the earnings report, Intel stock had climbed about 150% in 2026.
com Inc. (NASDAQ:AMZN) and Alphabet Inc.
Other Backers Feel it Too Washington is not alone. Nvidia Corp.
(NASDAQ:NVDA) and SoftBank Group also invested billions in Intel last year. S.
9 billion on Intel. The stake remains worth more than three times its cost.
Intel anchors a much broader federal portfolio. Intel is by far the largest, leaving the portfolio’s headline returns tethered to a single volatile stock.
15 on Friday, according to Benzinga Pro market data.
