Investing.com • Timothy Fries Intel Gets a Sentiment Boost as Trump Support Reframes the Stock’s Risk Profile
01/09/2026 09:54 AM • Intel stock surged on January 9, 2026, following President Trump's enthusiastic endorsement of the chipmaker and CEO Lip-Bu Tan on Truth Social. The stock climbed 2.63% to $42.19 after Trump praised Intel's leadership and highlighted the government's $8.9 billion investment stake, which has grown to over $18 billion in value. Trump also celebrated Intel's launch of sub-2-nanometer CPU processors at CES 2026, marking a significant domestic semiconductor manufacturing achievement.
INTC - Stock surged 2.63% following Trump's enthusiastic endorsement and praise of CEO Lip-Bu Tan. Trump highlighted the government's $8.9 billion investment growing to $18 billion in value and celebrated Intel's technological achievement with sub-2-nanometer processor launch. Melius Research also upgraded the stock to 'Buy' with a $50 price target, indicating positive analyst sentiment despite mixed recovery prospects.