INTC: Intel Stock Jumps 50% Since U.S. Stake Soars To $16 Billion
Oct 3 - Intel 
INTC extended its rally on Thursday, climbing another 3.7% and pushing its one-month gain above 50%. The surge lifted the U.S. government's 10% stake in the chipmaker to nearly $16 billion.
The Trump administration first invested in Intel back in August, buying 433.3 million shares at $20.47 each in an $8.9 billion deal. That investment came from funds tied to the U.S. CHIPS and Science Act, legislation originally passed during the Biden administration. Intel has already received $2.2 billion in CHIPS grants and is set to secure an additional $5.7 billion, plus $3.2 billion from a separate program.
CEO Lip Bu-Tan called Washington's support a historic investment in U.S. chip manufacturing, underscoring Intel's importance to national security. Other major backers have joined in as well, with SoftBank and Nvidia (NVDA) putting fresh money into Intel. Nvidia committed $5 billion in September as part of a partnership to build out data centers and PC products.
Shares also jumped earlier this week after reports surfaced that Intel is in early talks with AMD 
AMD about a potential customer relationship.
Is INTC Stock a Buy?
Based on the one year price targets offered by 35 analysts, the average target price for Intel Corp is $25.28 with a high estimate of $43.00 and a low estimate of $14.00. The average target implies a downside of -32.22% from the current price of $37.30.
Based on GuruFocus estimates, the estimated GF Value for Intel Corp in one year is $23.40, suggesting a downside of -37.27% from the current price of $37.30. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page.