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Corporate Score 42 Bullish

Trump Claims Credit for Intel's Recent Market Rally

Apr 30, 2026 10:47 UTC
INTC
Short term

Donald Trump has attributed a $30 billion gain for the United States to a recent surge in Intel Corporation shares. The claims coincide with continued premarket gains for the semiconductor manufacturer.

  • Trump asserts responsibility for Intel's 90-day rally
  • Claims the surge generated $30 billion for the U.S.
  • Intel shares trading at $94.75 in premarket
  • Stock showed a 2.5% increase prior to market open
  • Highlights political focus on domestic chip production

Donald Trump asserted on Thursday that his actions were responsible for generating over $30 billion in value for the U.S. economy, citing the strong performance of Intel (INTC) shares over the previous 90 days. The statement highlights the ongoing intersection of political rhetoric and domestic semiconductor manufacturing. Intel has remained a central figure in U.S. industrial policy aimed at strengthening domestic chip production and reducing reliance on foreign supply chains. As of Thursday morning, Intel shares were trading at approximately $94.75 in premarket activity, representing a gain of about 2.5%. This movement follows a broader upward trend in the company's valuation over the last quarter. While the political commentary draws attention to the stock, market participants are likely focusing on the underlying fundamentals of Intel's turnaround strategy and the broader semiconductor cycle. The claim of a $30 billion gain reflects a political interpretation of the company's increased market capitalization.

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