What was a $8.9 billion investment in US chipmaker Intel Is now the value of the government’s 9.9 percent equity stake crashed from almost $40 billion to well under $30 billion , still an unrealized 200%+ gain, so I guess the government “bought the dip” in a way. Though why Republicans back their favourite President engaging in casual nationalization still baffles me. Maybe any Democratic president should employ a similar path to nationalization disguised as a bailout: to legislatively constrict the business model of any company they want to acquire at discount “market rates”, then restore something along previous regulatory conditions.