https://www.live-feeds.com/feed/friday-s-rout-shaved-over-11-billion-off-the-us-government-s-stake-in-intelContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/friday-s-rout-shaved-over-11-billion-off-the-us-government-s-stake-in-intelhttps://www.live-feeds.com/feed/friday-s-rout-shaved-over-11-billion-off-the-us-government-s-stake-in-intel#u177001Thu, 05 Nov 2026 08:22:45 +0000Intel 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 mattersPreside