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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.”
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S.
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Japanese tech investor SoftBank Group Corp. plans to acquire a $2 billion stake in American chipmaker Intel Corp.
The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become ...
Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, ...
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