semiconductors · stock-purchase · options
Nancy Pelosi Bets Up to $1 Million on Intel Following Blowout Earnings
The former House Speaker doubled down on the semiconductor giant as part of a multi-trade day that included both stock and options.
2026-09-02 — Nancy Pelosi · INTC
Key facts
- Rep. Nancy Pelosi purchased between $500,001 and $1,000,000 of Intel common stock on July 24, 2026.
- The trade was part of a same-day batch that included Intel call options and transactions in Bloom Energy.
- The purchase occurred one day after Intel reported a 25% year-over-year revenue increase in its Q2 earnings.
- Intel subsequently completed an upsized $20 billion public stock offering priced at $95 per share in mid-August.
Rep. Nancy Pelosi (D-Calif.) disclosed purchasing between $500,001 and $1,000,000 of Intel Corporation (INTC) common stock in a transaction executed on July 24, 2026. The transaction, which represented 10,000 shares, was disclosed in a periodic transaction report filed on August 21, 2026, representing a 28-day disclosure lag.
Members of Congress are required by the STOCK Act to disclose trades within 45 days, and disclosed amounts are reported in ranges rather than exact figures.
The purchase was part of a broader, same-day trading batch. On July 24, Pelosi also purchased Intel call options and made transactions in Bloom Energy (BE), bringing her total Intel commitment that day to as much as $1.5 million. This transaction represents a deliberate addition to her existing Intel position, which she first established with a purchase valued between $1 million and $5 million in May 2026.
The timing of the trade suggests a momentum play on public information rather than a policy-driven move. Just one day prior, on July 23, Intel released its Q2 2026 earnings report, posting $16.1 billion in revenue—a 25% year-over-year increase—and raising its forward guidance. Our analysis scored the trade a relatively low 28 out of 100, reflecting the high likelihood that the transaction was a routine reaction to this publicly available corporate catalyst.
On the same day as Pelosi's trade, the Department of Commerce's Foreign-Trade Zones Board published an administrative notice regarding Intel's proposed production activity. However, such notices are routine and unlikely to have influenced the trade.
Since Pelosi's purchase, Intel has undergone significant corporate activity, including announcing an upsized $20 billion public stock offering priced at $95 per share on August 12. Additionally, Intel director Lip-Bu Tan filed a Form 4 disclosing a $10 million open-market purchase of 105,263 shares on August 11, aligning with the bullish stance of Pelosi's mid-summer bet.
Whether tracking corporate insiders or riding earnings momentum, the former Speaker continues to show a high-conviction focus on mega-cap technology.
Sources
- Intel Q2 2026 Financial Results 8-K — SEC EDGAR
- FTZ 75 Notification of Proposed Production Activity — Federal Register
- Intel Proposed Common Stock Offering 8-K — SEC EDGAR
- Intel Director Lip-Bu Tan Form 4 Insider Purchase — SEC EDGAR