Nvidia's investment becomes Intel's "life-saving money" and US government's shareholding earns 4.9 billion

Huobi HTX reported that the U.S. government's investment bet on Intel is getting a huge return after Nvidia's unexpected investment triggered the biggest gain in nearly four decades. Just less than a month ago, Trump brokered a deal where the U.S. government would acquire about 10% of Intel's shares. The surge in Intel's stock price rose to $31.79 on Thursday, which brought the market value of the U.S. government stake to about $14 billion - a book profit of $4.9 billion when the agreement was reached in August. Nvidia's investment is the latest "life-saving money" Intel has obtained. Intel has been in a dilemma for many years: on the one hand, its manufacturing business is plagued by difficulties, and on the other hand, chips used in artificial intelligence (AI) have become the core growth area of ​​the semiconductor industry (and Intel lags behind in this area).