Intel shares soar 20% on earnings beat and stronger-than-expected outlook

Intel posted first-quarter results that beat expectations, sparking a 20% rise in its share price in after-hours trading. The US government's stake in the company, acquired under the Trump administration, is up nearly 300%.

Intel shares soar 20% on earnings beat and stronger-than-expected outlook
Intel posted first-quarter results that beat expectations, sparking a 20% rise in its share price in after-hours trading. The US government's stake in the company, acquired under the Trump administration, is up nearly 300%.

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