Intel, SoftBank
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In a just-breaking development, Bloomberg reports the Trump administration may take a 10% stake in Intel ( INTC -3.71%) -- which perversely is down 3.9% on the news, at least as of 12:35 p.m. ET. Probably not the reaction that either the Trump administration or Intel itself anticipated.
Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.
Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in other companies including Taiwan Semiconductor Manufacturing
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),
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The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in
The anecdotal side suggests that there have been some layoffs, 25,000 at Intel, 15,000 at Microsoft, but nothing else that comes close.
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TipRanks on MSN“Equity…at a Discounted Price” Intel Stock (NASDAQ:INTC) Plunges as Intel Taps Shareholders
While chip stock Intel ($INTC) was riding high on a big new infusion of cash from SoftBank ($SFTBY), the high proved to be a good exit point for a
Earnings are due from the home-improvement retailer. T.J. Maxx owner [**