Trump says US government’s Intel stock made the country $30B in last 90 days

President Trump said on Wednesday that federal stock holdings in Intel generated over $30 billion over the last several months, after he authorized the U.S. government’s investment in the struggling semiconductor chip manufacturing company last summer. 

“I’m very proud of that Company in that I am responsible for making the United States of America over 30 Billion Dollars in the last 90 days on that stock alone,” the president wrote in a Truth Social post. 

“There are others that, likewise, I have been very successful with by taking pieces of the Equity for support,” he continued. “Congratulations to Intel on doing such a great job and, more importantly, congratulations to the People of the United States for making such a good investment!”

The president announced last August that the American chipmaker had agreed to give the U.S. government a 10 percent stake in the company. 

The administration pulled funds previously allocated under the........

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