The analysis discusses Intel's current state and future prospects, particularly focusing on the influence of the US government's stake in the company. The US government acquired stake is worth $11.1 billion. Intel raised 12B this quarter. The company's tangible book value per share is $16.37. The analysis suggests that the US government's investment provides a substantial incentive for Intel to succeed and sees it as a bullish signal. Also, it presents the potential for AMD and Nvidia to shift orders to Intel due to US government influence for the company. A target price of $35 is inferred, based on the potential improvement of earnings per share in 2028 and on past tangible book values and the analysis becomes invalid if the price drops below $20.