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News

Intel, SoftBank

AOL · 1h
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) will take a $2 billion stake in the ailing chip giant.
Yahoo Finance · 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. government is considering a stake.
The Associated Press on MSN · 1h
Japan’s SoftBank to take US$2 billion stake in computer chip maker Intel
Japanese technology giant SoftBank Group plans to take a US$2 billion stake in computer chip maker Intel as it deepens its involvement in U.S. semiconductor manufacturing and other advanced technology in the United States,
1h

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.
Benzinga on MSN46m

Intel Secures $2 Billion SoftBank Backing, Making Conglomerate Fifth-Largest Shareholder As Stock Climbs In Extended Trading

Intel gained a major backer Monday after SoftBank committed $2 billion for a roughly 2% stake, according to CNBC. SoftBank ...

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