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Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
(Reuters) -Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on ...
The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...