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● LIVE Updated 2h ago · 9 sources tracked

Friday's rout shaved over $11 billion off the US government's stake in Intel

Intel shares suffered their worst single-day drop in more than 50 years, plunging nearly 29 percent and sparking a broader global chip rout. The steep sell-off erased between $10 billion and $12 billion from the federal government equity stake acquired by President Donald Trump in August 2025. Despite the massive one-day loss, administration officials noted the taxpayer-funded holding remains triple its initial value since last August. Investors remain jittery over weak personal computer chip markets and heavy artificial intelligence spending by major technology companies.

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  • ✓ Intel stock plunged nearly 29 percent in its worst day since 1974.
  • ✓ The market rout shaved between $10 billion and $12 billion off the US government equity stake.
  • ✓ President Donald Trump acquired a 10 percent stake in Intel for the US government in August 2025.
  • ✓ The government stake remains up three times since last August despite the losses.
🛡️ Source Corroboration: 9 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

Intel shares plunged nearly 29 percent in a single trading session, causing billions in losses for the federal equity stake.

Live updates

  1. Intel Plunges in Worst Day Since 1974

    Intel shares suffered their worst single-day drop in more than 50 years, plunging nearly 29 percent and sparking a broader global chip rout. The steep sell-off erased between $10 billion and $12 billion from the federal government equity stake acquired by President Donald Trump in August 2025. Despite the massive one-day loss, administration officials noted the taxpayer-funded holding remains triple its initial value since last August. Investors remain jittery over weak personal computer chip markets and heavy artificial intelligence spending by major technology companies.

    Why it matters

    President Donald Trump took the unusual step in August 2025 of using federal funds to buy a 10 percent equity stake in Intel, positioning the government as a major shareholder in a key domestic tech firm. Friday's market rout directly threatened those gains and triggered anxiety across the broader semiconductor sector. Analysts remain split on whether the stock can rebound following the historic drop.

    What is confirmed

    • Intel stock plunged nearly 29 percent in its worst day since 1974.
    • The market rout shaved between $10 billion and $12 billion off the US government equity stake.
    • President Donald Trump acquired a 10 percent stake in Intel for the US government in August 2025.
    • The government stake remains up three times since last August despite the losses.

    Still unconfirmed

    • Analysts are split on whether Intel stock will experience a rebound.

    What to watch next

    • Whether the US government alters its equity position in Intel
    • Market recovery or continued decline in personal computer and artificial intelligence chip sectors
    Sources used for this update (12)
    1. Bloomberg.com — Intel Outlook Hurt by Weak Market for Personal Computer Chips
    2. Reuters — Intel on course for worst day ever, triggers global chip rout
    3. www.cnbc.com — Amazon, Intel shares fall after earnings amid AI spending ...
    4. CNBC — Intel stock heads for worst day in more than 50 years, wiping $12 billion off government's stake
    5. Yahoo Finance — Intel’s drop on Friday shaves the US government’s equity stake by about $10 billion. It’s still up 3x since last August.
    6. Yahoo Finance — Intel stock plunges nearly 29%, its worst day since 1974
    7. finance.yahoo.com — Friday's rout shaved over $11 billion off the US government's ...
    8. finance.yahoo.com — Trump Bragged About Intel Stock Gains. Now the U.S. Stake Has ...
    9. finance.yahoo.com — Intel stock plunges nearly 29%, its worst day since 1974
    10. www.alternet.org — Trump’s taxpayer-funded gamble just lost $10 billion in one day
    11. uk.finance.yahoo.com — Intel stock plunges nearly 29%, its worst day since 1974
    12. futurism.com — Intel Stock Is Cratering After Trump Poured Taxpayer Money ...
    confidence 95%
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