Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),

Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in

SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up. However, Softbank’s stock dipped 5% on the same day. On the other hand, Intel’s stock rose by over 5% after-hours trading in New York on Monday.

Intel (INTC) surges on speculation of US investment, but weak fundamentals, lagging foundries, and CPU market share losses point to a 'Strong Sell' rating. See more.

What Happened? Shares of computer processor maker Intel (NASDAQ:INTC) jumped 12.2% in the morning session after Japanese tech conglomerate SoftBank Group announced a $2 billion investment in the company.

Intel gained a major backer Monday after SoftBank committed $2 billion for a roughly 2% stake, according to CNBC. SoftBank agreed to buy Intel shares at $23 each, slightly below Monday’s $23.66 closing price.