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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.
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...
SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...
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