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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.”
SoftBank's $2 Billion Bet on Intel: A Strategic Investment in Semiconductor Revival
SoftBank Group is investing $2 billion in Intel, signaling confidence in the struggling U.S. chipmaker amid a significant turnaround. The investment positions SoftBank as a top-10 shareholder, amidst Intel's recent financial struggles and attempts to regain its footing in the competitive AI chip industry.
Intel has secured a crucial $2 billion lifeline from Japanese investment conglomerate SoftBank, marking a significant ...
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
SoftBank has secured a $2 billion deal with Intel, and the Trump Administration might also want a slice of the pie.
Intel has received a $2 billion capital injection from Japanese tech investor SoftBank Group, providing a major boost to the ...
Beleaguered chip manufacturer Intel will receive a much-needed $2 billion capital injection from the Japanese venture capital ...
Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
Varun Gupta case shows how insider threats, AI misuse, and weak defenses endanger corporate security. Learn key strategies to ...
In the sphere of AI, Tan was again candid in terms of Intel missing the boat, saying that: "On [AI] training I think it is ...
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