Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...

SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...

SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...

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

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SoftBank is piling into the generative AI gold rush following years of losses. In 2023, SoftBank reported net losses of 227 billion yen, or $1.46 billion, for the fiscal year ending in March.

SoftBank is investing $2 billion into Intel, a move aimed at strengthening the chipmaker’s resources as it navigates ...