Intel's stock price soared 10.9% during Friday's late trading session.
Following a meeting between US President Trump and Intel CEO Chen Liwu, the President directly took to social media to post, explicitly stating that the two sides had reached a "fantastic deal" and publicly declaring the US government's investment in Intel as "highly successful."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.