Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...

The Apple product manufacturer sold the Lordstown, Ohio, facility to the Japan-based conglomerate for $375 million.

The deal coincides with unconfirmed reports that the Trump administration is considering a minority government stake in the ...

Intel shares rose after SoftBank Group announced a $2 billion equity investment, while reports suggest the Trump ...

SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...

SoftBank Group is buying a US$2 billion equity stake in Intel, a move that will make it a top-10 shareholder and provide a ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...

For the Trump administration, a recovery of the chipmaker’s manufacturing prowess would help win jobs and voters.

Intel and SoftBank said Monday that the Japanese conglomerate will invest $2 billion in the struggling U.S. chipmaker.

Intel's new CEO, SoftBank's $2B investment, and CHIPS Act support position Intel for growth. Read why INTC stock is a strong long-term buy.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.