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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.
SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...
Intel’s stock rose 7% on Tuesday after SoftBank announced a stake in the chip maker, and as the U.S. government considers an ...
Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has ...
Japanese investment giant SoftBank has announced a substantial US$2bn investment in Intel, the major American semiconductor ...
The move could signal SoftBank’s chip ambitions, as the company may be gearing up to build Arm CPU tiles, AI XPUs, and Ampere ...
Intel scores $2B investment from Japan's SoftBank, shares jump. Sinclair reportedly offers to merge broadcast TV operations ...
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