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Intel Gains $2 Billion Investment From SoftBank to Revive US Chipmaking
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common stock. Lip-Bu Tan, Intel’s CEO, said in a statement that he “appreciate (s) the confidence (SoftBank) has placed in Intel with this investment.”
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
SoftBank Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...
Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, ...
SoftBank’s $2B Intel investment boosts stock momentum. Technical analysis targets a breakout above $27.55, with risks tied to ...
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