Intel Climbs for 9 Straight Days, Closing in on a Record High, With the U.S. Government as the Biggest Winner

Recently, U.S. semiconductor giant Intel has demonstrated strong momentum in the stock market, rising for 9 consecutive trading days, with its cumulative gains approaching nearly 60% in recent days. The main drivers behind the sharp jump in its share price are several major business developments, including expanding its server partnership with Google and taking part in a customized chip manufacturing program. At the same time, the company’s move to spend money to buy back equity in overseas wafer fabs has also sent the market a positive signal that its financial condition is recovering. The U.S. government—which last year converted CHIPS Act subsidies totaling nearly $10 billion into common stock equity of nearly 10%—has also become the biggest winner in this wave of gains.

AI computing roadmap expansion and the effect of partnerships with industry giants

Intel’s recent alliance with technology giants is the core factor driving market expectations. Google announced that it will fully adopt Intel’s Xeon 6 processors to meet AI inference demand, which not only reinforces its data center business but also highlights the necessity of central processing units (CPUs) in complex computing. Meanwhile, Intel has joined the “Terafab” program led by Musk, providing advanced chip foundry services to companies such as Tesla. These specific commercial contracts have effectively eased market concerns about Intel’s technical competitiveness, proving that Intel still plays a key role in AI infrastructure.

Strategic value of improving financial strength and chip production self-reliance

In addition to business expansion, Intel’s recent capital moves have also significantly strengthened investor confidence. The company has spent $14.2 billion to buy back 49% equity in an Irish wafer fab, showing that its balance sheet has recovered from a low point and that it has ample free cash flow to carry out asset restructuring. On a macro level, as global geopolitical risks change, the localization of the semiconductor supply chain has become a long-term trend. As one of the few U.S.-based companies with advanced process technology, Intel’s push toward production self-reliance not only aligns with national strategy, but also can attract international customers seeking risk diversification, further boosting its long-term business value.

Intel (INTC) stock rises for 9 days in a row; the U.S. government becomes the biggest winner

In the second half of 2025, the Trump administration reached a historic agreement with Intel to convert nearly $10 billion in CHIPS Act subsidies into common stock equity of nearly 10%, with an estimated per-share cost of about $20.47. This policy change alters the traditional model of industry subsidies, shifting the federal government from being merely a provider of funds to becoming a strategic shareholder. Subsequently, Nvidia also announced up to $5 billion in strategic investment to become its largest shareholder at $23.28 per share.

Intel (INTC) stock has now risen for the ninth consecutive trading day, up a cumulative 58%. It is expected to set the best back-to-back monthly gain record since the 1970s, and it is just one step away from the historical high of $74.88 reached since 2000.

In less than a year, the U.S. government and Nvidia’s return on investment has already reached 200%.

This article, “Intel’s 9-day streak pushes toward a historic high; the U.S. government is the biggest winner,” first appeared on Lian News ABMedia.