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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.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, ...
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 ...
SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...
Intel scores $2B investment from Japan's SoftBank, shares jump. Sinclair reportedly offers to merge broadcast TV operations ...
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, ...
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