Foxconn said on Monday it plans to manufacture data centre equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S.

SoftBank’s massive $2 billion investment in Intel represents a powerful endorsement of CEO Lip-Bu Tan’s ambitious turnaround strategy for the struggling American chipmaker.

Intel will receive a much-needed $2 billion capital injection from the Japanese venture capital giant, SoftBank Group, a move that signals the latter's increasing desire to attain a foothold in the b...

The American chipmaker has fallen far behind rival Nvidia, and continues to face operational challenges in spite of CEO Lip-Bu Tan taking over the company earlier this year.