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Intel stock jumps 5% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...

SoftBank to pump $2 bn in Intel, but is it enough to ‘move the dial’ for troubled US chipmaker?

SoftBank is investing $2 billion in Intel, becoming a top-10 stakeholder in the struggling US chipmaker. The move highlights SoftBank’s push into AI and semiconductors, as Intel faces mounting ...
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Intel's $10B boost could see US government holding 10% stake

Intel's CEO, Lip-Bu Tan, has secured potential investments from the Trump administration and SoftBank Group Corp., aimed at reviving the struggling US chipmaker.