Key takeaways
- Here is what the same 60% drop did to a 66-year-old retired Intel engineer with 4,000 shares, and the sell, hold or swap math.
- President Trump negotiated the stake at $20.47 a share by converting $8.9 billion of grants Intel had already been awarded.
- Data center revenue rose 78% to $7.3 billion, the fastest growth in 15 years, and management says demand for its server chips still exceeds what it can supply.
The government's 433.3 million Intel shares were worth about $61 billion at the June 22 record close and about $24 billion on Friday.
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