Key Points Intel led the Nasdaq-100 with a 23% gain in August 2025, driven by a unique government investment. The Trump administration acquired 9.9% of Intel for $8.9 billion, converting CHIPS Act grants into equity. The stock remains down 34.9% over the past two years, despite government backing. 10 stocks we like better than Intel › The Nasdaq-100 market index had a pretty average month in August 2025. The index score rose 0.9%, lagging behind the rival S&P 500's 1.9% gain. But a few of the 10 ...