President Trump's invested $8.9 billion in Intel, $INTC, when it was at $20.47/share last month. Intel just hit $33.40/share putting this investment up +63% in 27 days, for a total of +$5.6 billion. In 1 month, the US government is now up ~5x the S&P 500's return in 2025.

The Kobeissi Letter
@KobeissiLetter
This is unprecedented:
On August 22nd, President Trump announced that the US took a 10% stake in Intel, $INTC, worth ~$11 billion.
Today, 27 days later, NVIDIA made a massive investment in Intel, sending the US' position +$5 BILLION higher.
What just happened?
(a thread)

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