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The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive ...
SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...
1don MSN
Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Intel (NASDAQ: INTC) jumped 6.97% on Tuesday to close at $25.31, up $1.65. Trading volume soared to 293 million shares, ...
Key Takeaways Intel on Monday said Japanese investment giant SoftBank had agreed to buy $2 billion of the chipmaker's stock, ...
Intel stock was rising on the deal, which could bring a major chip-manufacturing customer alongside an injection of funds.
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Softbank owns a majority stake in Arm. Arm-based chips dominate the smartphone market, and they're starting to compete with Intel in PCs and servers as well. Arm doesn't sell chips directly, instead ...
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