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Intel shares jumped about 5% in late trading after the announcement. They had closed at $23.66 in New York after a year-to-date gain of 18%.
The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has struggled to serve.
SoftBank has been expanding its US footprint, including a recent deal to buy Foxconn’s electric vehicle plant in Ohio.
The Trump administration is in discussions to take a stake of about 10% in Intel Corp., according to a White House official and other people familiar with the matter, in a move that could see the US ...
As Intel grapples with paused factory construction and shifting priorities, analysts question whether new investments will be ...
Intel's stock slid today, as Bloomberg reported that the U.S. government may convert the company's CHIPS Act funds into equity.
Intel has just announced its new bundle for Core Ultra and Core CPUs: a free copy of Battlefield 6 during its 'Gamer Days 2025' deal event.
Dow Jones Top Company Headlines at 9 PM ET: SoftBank Invests $2 Billion in Intel as U.S. Considers Taking 10% Stake in Chip Maker | BHP ... SoftBank Invests $2 Billion in Intel as U.S. Considers ...
Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.
Intel eyes $2 billion investment from SoftBank, which should make the VC firm one of the chipmaker’s largest shareholders.
SoftBank Group has agreed to invest $2 billion in embattled chip maker Intel, a boost from the private sector that coincides ...