Intel's $24 billion rally sends valuation to dot-com levels
Intel's shares surged 28% amid reports of a potential US government equity stake and a $2 billion SoftBank investment, lifting valuation to 53x forward earnings.
Trump thinks owning a piece of Intel would be a good deal for the US. Here's what to know
The Trump administration is seeking a roughly 10% stake in Intel to boost U.S. chip production and increase government influence in the semiconductor industry.
