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News

Japan’s SoftBank to invest US$2 billion in Intel

Insider · 8h
SoftBank is investing $2 billion in Intel as part of its AI bet
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
Devdiscourse · 18m
SoftBank Infuses $2 Billion into Intel: A Strategic AI Investment
Intel secures a $2 billion investment from SoftBank Group, becoming its top-10 shareholder amid Intel's turnaround efforts. This investment underscores SoftBank's focus on AI and aligns with its broader strategy involving the $500 billion Stargate data center project while maintaining relations with the U.
UPI on MSN · 3h
Intel receives $2B investment from Japan's SoftBank
Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive securities purchase agreement.
7hon MSN

SoftBank Makes Surprise $2 Billion Bet on Intel’s AI Revival

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...
CNBCTV18
8h

Intel shares see a sudden 5% spike in extended trading; Here's why

The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, ...

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