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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 ...
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.
1h
Stocktwits on MSNIntel Stock Takes Off In Extended Trading After Masayoshi Son’s SoftBank Picks $2B Stake In Struggling Chipmaker — Retail Sees Huge Rally Loading
Intel Corp. (INTC) stock surged nearly 5.5% in extended trading on Monday after the struggling chipmaker announced that the company struck a deal with Masayoshi Son-led SoftBank (SFTBY) regarding a $2 ...
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.
2h
Investor's Business Daily on MSNIntel Announces $2 Billion SoftBank Investment. Stock Jumps.
Intel stock rallied late Monday after the company announced that SoftBank is making a $2 billion investment in the chip giant ...
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