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Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan's SoftBank Group Corp.
The stock market presented a mixed picture on Friday, with the S&P 500 and the Dow Jones Industrial Average indices closing ...
SoftBank Group is buying a US$2 billion equity stake in Intel, a move that will make it a top-10 shareholder and provide a ...
The development is part of a commitment from both sides to invest in advanced technology and semiconductor innovation in the ...
A multinational investment firm announced Monday it will invest $2 billion into Intel, just as the Trump administration floated the idea of the United States taking a ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major boost of confidence for the troubled U.S. chipmaker that is in the middle of a turnaround effort. The equity investment, ...