News
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.
The deal between SoftBank and Intel would involve the creation of roughly 87 million new shares, adding an incremental 2% to ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The announcement coincided with unconfirmed reports that President Donald Trump is considering having the U.S. government buy ...
Intel Corp. secured a $2 billion investment from Japan's SoftBank, while President Donald Trump's administration considered taking a 10% stake by converting CHIPS Act grants into equity. These ...
The move could signal SoftBank’s chip ambitions, as the company may be gearing up to build Arm CPU tiles, AI XPUs, and Ampere ...
SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback