Topline
Intel’s stock surged in the final hour of trading Thursday, after a Bloomberg report said the Trump administration is considering a stake in the tech giant just days after Trump met with chief executive Lip-Bu Tan, after previously calling for his ouster.
Intel shares closed up over 7% Thursday. (Photo via Smith Collection/Gado/Getty Images).
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Key Facts
Intel shares closed up 7.4% Thursday, reaching their highest point since March and erasing a slide in shares that materialized last month after its latest earnings report fell short of Wall Street expectations.
This is a developing story. Check back for updates.
