Japan’s SoftBank to invest US$2 billion in Intel
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Intel receives a significant boost with SoftBank's $2 billion investment and potential $10.4 billion government stake, signaling renewed confidence in its turnaround. SoftBank's investment aligns with its AI ambitions,
Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment in Intel, saying the deal reflected its belief that chip manufacturing and supply would expand further in the U.
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, which has lagged behind in the chip race after being the erstwhile market leader,