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 ...

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.

Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.

Intel stock rallied late Monday after the company announced that SoftBank is making a $2 billion investment in the chip giant ...

SoftBank Group has agreed to invest $2 billion in embattled chip maker Intel, a boost from the private sector that coincides ...

Rivals' Steve Wiltfong wrote about the comings and goings in high school recruiting Monday. And the Nebraska Cornhuskers are ...

The investment holding company's move to invest in the US chip giant is the latest in a series of business deals that the ...

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the ...