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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.
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become ...
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 ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.
Softbank Group Corp agreed to buy US$2 billion of Intel Corp stock, a surprise deal to shore up a struggling US name while ...
Japanese conglomerate SoftBank has agreed to make a $2 billion investment in Intel in a deal described as a commitment to ...
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
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