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Japan-based tech investor SoftBank Group said Tuesday it will invest $2 billion in Intel, as the U.S. government reportedly ...
SoftBank Group Corp. will invest $2 billion in struggling U.S. chipmaker Intel Corp., the companies said on Tuesday, marking the Japanese investment fund's latest move into the development of ...
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan's SoftBank Group Corp.
The development is part of a commitment from both sides to invest in advanced technology and semiconductor innovation in the ...
As per the agreement, the Japanese company said it will pay $23 per share in Intel common stock. Bloomberg News reported ...
SoftBank Group is buying a $2 billion equity stake in Intel, a move that will make it a top-10 shareholder and provide a powerful ally to the struggling U.S. chipmaker. The investment, announced on ...
The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has struggled to serve.
Intel is getting a $2 billion capital injection from SoftBank Group in a major boost of confidence for the troubled U.S.
Money earmarked for semiconductor company under Chips Act could be converted into equity ...
SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...
Intel's stock slid today, as Bloomberg reported that the U.S. government may convert the company's CHIPS Act funds into equity.