The state obtained 10% of the chipmaker’s stock in 2025, near its lowest valuation in over a decade The US government has gained an estimated $27 billion in paper profit from its Intel investment as the chipmaker’s shares have more than doubled since the beginning of this year alone. Intel shares jumped more than 20% on Friday after the company reported better-than-expected results. The Silicon Valley firm revealed on Thursday that it generated $13.6 billion in revenue for the first quarter of 2026, up 7% year-on-year and above forecasts. The results, along with a stronger outlook for the next quarter, put Intel on track for one of its biggest single-day gains in decades. The stock was trading at $82.50, up about 125% since the start of the year, making it one of the top performers in the S&P 500, helping lift the tech-heavy Nasdaq Composite, and nearing levels last seen during the dot-com boom. The rally has significantly increased the value of the US government’s stake in Intel.…