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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 Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
1hon MSN
Not convinced about its turnaround, but there is little downside for Softbank investing in Intel
Jefferies Asia’s Atul Goyal argues SoftBank’s tiny Intel stake limits exposure, while potential U.S. government backing could ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
23hon MSN
Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.
Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...
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