Why did INTC move on Jun 18, 2026?
00:34 ET · AI-sourced explanation · gemini-flash-latest
Intel's stock rose following a social media post by Donald J. Trump touting the success of a government-backed initiative with the chipmaker [1], [14]. In the post, Trump highlighted that the U.S. had previously acquired a 10% equity stake in Intel [1], [13] and detailed major manufacturing partnerships for Intel with Nvidia, Elon Musk's TerraFab, and Apple [1], [4], [5], [6]. This retrospective victory lap on Intel's massive valuation growth and its high-profile domestic chip-building partnerships sparked immediate market interest [9], [14].
Sources
- [1]Donald J. Trump (@realDonaldTrump): The Technology the World relies on was invented in America. We all remember “Intel Inside.” Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories. They forgot to protect our Industries with TARIFFS. When I won my Second Term (Third, actually!), it was clear America needed its Semiconductor Industry to come back to the U.S.A. We design everything, but we need to BUILD it here, NOW! So I decided to help Intel because we need to design and build our Chips right here in America. First, we helped bring in Nvidia, and they agreed to build their first level Chips with Intel. Next, Elon agreed to build his TerraFab, the largest Chip Factory in the World, designed together with Intel’s Technology team. And, finally, Apple has agreed to work with Intel to design and build its Chips in America. We decided to help Intel in exchange for 10% of their shares. Is that too much or, too little? They were worth around 100 Billion Dollars when we made our offer. Now they are worth over 600 BILLION DOLLARS! Nine months, and they’ve increased in value over HALF A TRILLION DOLLARS. America’s stake is now over 60 Billion Dollars. When was the last time a President made America money?? Thank you for your attention to this matter! President DONALD J. TRUMP · Truth Social
- [4]TRUMP: NVIDIA AGREED TO BUILD FIRST LEVEL CHIPS WITH INTEL · Truth Social
- [5]TRUMP: ELON MUSK AGREED TO BUILD TERRAFAB CHIP FACTORY WITH INTEL TECHNOLOGY TEAM · Truth Social
- [6]TRUMP: APPLE AGREED TO WORK WITH INTEL TO DESIGN AND BUILD CHIPS IN AMERICA · Truth Social
- [14]tradfi: *TRUMP TOUTS INTEL INVESTMENT AND 6X RETURNS IN A TRUTH SOCIAL POST $INTC · Twitter