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U.S. Semiconductor Stocks Rise in Pre-Market Trading, Led by Intel’s 30% Gain

According to new reporting, Intel’s rally lifted the paper value of the U.S. government’s stake to about $36 billion, implying a nearly $27 billion gain since the investment was announced last August.

HYPE

Fact Check
The claim is only partially supported. Intel’s official Q1 2026 earnings release at https://www.intc.com/news-events/press-releases/detail/1767/intel-reports-first-quarter-2026-financial-results confirms the core earnings facts: revenue of $13.6 billion and non-GAAP EPS of $0.29. Reuters’ report https://jp.reuters.com/markets/world-indices/G7CYDAVNNJMYVFGTW6KRMIOLUE-2026-04-23/?taid=69ea89394d7048000162fe3e&utm_campaign=trueAnthem:+New+Content+(Feed)&utm_medium=trueAnthem&utm_source=twitter corroborates those numbers. However, Reuters says Intel shares rose about 15% in after-hours trading, not more than 24% in pre-market. The Coindesk article https://www.coindesk.com/markets/2026/04/24/u-s-government-sits-on-usd26-5-billion-gain-from-intel-stake-as-shares-surge-22 gives the 433.3 million-share figure and values the government stake around $35.4 billion after a 22% share surge. That is close to, but not the same as, 'about $36 billion,' and it conflicts with the claim’s 'more than 24%' move. Intel’s August 2025 official release at https://www.intc.com/news-events/press-releases/detail/1748/intel-and-trump-administration-reach-historic-agreement-to?utm_source=ts2.tech supports that there was an $8.9 billion U.S. government investment, but the fetched text does not independently confirm the exact 433.3 million-share count. So the earnings beat is well supported, but the magnitude/timing of the stock jump and the exact government-stake valuation are not consistently established by the strongest sources.
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Summary

U.S. semiconductor-related stocks rose in pre-market trading on April 24, with Intel leading after stronger fiscal Q1 2026 results and guidance topped expectations. Existing reporting said Intel posted $13.6 billion in revenue and non-GAAP EPS of $0.29, while earlier coverage also cited second-quarter revenue guidance of $13.8 billion to $14.8 billion versus a $13.03 billion estimate. Intel shares were reported as rising more than 24% to $83.27 in pre-market trading, while another source put the gain at 30%, indicating a reporting or timing discrepancy. New reporting added that the U.S. government’s Intel stake rose 300% to about $36 billion after the chipmaker’s improved financial outlook signaled a sales recovery, bringing the paper gain to nearly $27 billion since Intel and the government announced the investment last August. Other chip stocks also advanced, including AMD, Arm Holdings, and TSMC, while Hyperliquid’s Intel-mapped contract rose 22.9% to $82 on $36.6 million in trading volume.

Terms & Concepts
  • Pre-market trading: Trading in stocks before regular exchange hours, often reflecting early investor reaction to news or market sentiment.
  • non-GAAP EPS: A version of earnings per share that excludes certain items under generally accepted accounting principles to highlight adjusted profitability.
  • Guidance: A company’s forward-looking outlook on revenue, profit, or other business metrics used by investors to assess future performance.