Intel Hits Record Highs on 2025 White House Stake, AI IPO Delay Spurs Selloff
INTC•Intel shares surged to record highs Friday after the White House acquired an equity stake in the chip maker in 2025 and bipartisan defense spending accelerated onshore manufacturing. Later in the session, investors reacted to indications that OpenAI may delay its IPO until 2027, triggering a broader technology selloff that pulled semiconductor stocks, including Intel, lower.
1. White House Equity Stake Boosts Intel
Intel’s shares climbed to all-time highs after the administration took an equity position in 2025, underscoring increased federal support for domestic chip production and defense-related manufacturing contracts.
2. OpenAI IPO Delay Sparks Selloff
Investor sentiment shifted when indications surfaced that OpenAI may push its IPO back to 2027, leading to a rapid selloff across technology equities and exerting downward pressure on semiconductor stocks, with Intel among the more heavily impacted names.
