Intel Secures $2 Billion US Investment from SoftBank
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Foxconn and SoftBank to make data center equipment in Ohio
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Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion investment in semiconductor giant Intel.
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on artificial intelligence and the chip industry.