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Intel Secures $2 Billion US Investment from SoftBank

TechRepublic · 1h

Intel Gains $2 Billion Investment From SoftBank to Revive US Chipmaking

The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common stock. Lip-Bu Tan, Intel’s CEO, said in a statement that he “appreciate (s) the confidence (SoftBank) has placed in Intel with this investment.”

Forbes on MSN · 3h

Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s share price.

Reuters on MSN · 2h

Intel gets $2 billion lifeline in the form of SoftBank equity investment

Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround. The equity investment, announced by the companies on Monday,

2hon MSN

Intel Gets $2 Billion Infusion From SoftBank, Accelerating AI Push in U.S.

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

2h

SoftBank to back chipmaker Intel with $2 billion stake

Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S.

6h

Wall Street Breakfast Podcast: SoftBank Pours $2B Into Intel

Intel scores $2B investment from Japan's SoftBank, shares jump. Sinclair reportedly offers to merge broadcast TV operations ...

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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