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Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker.
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...
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Benzinga on MSNIntel 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 ...
"We're not there yet," Moor Insights & Strategy analyst Patrick Moorhead said on Opening Bid on whether Intel is near a financial crisis. "But the big 'if' is how much more market share can AMD take ...
Trump administration eyes 10% Intel stake by converting federal grants, raising hopes of revival for the struggling U.S.
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
Palo Alto Networks jumped 6.3% overnight after the cybersecurity company beat Wall Street’s sales and profit forecasts. The California company also announced the retirement of Nir Zuk, its founder, ...
Kayle Barrington Bates' execution is taking place at 6 p.m. EDT at the Florida State Prison in Raiford, as he was convicted ...
Treasury Secretary Bessent's said that stabilization would be the goal of any U.S. stake in the troubled chipmaker.
U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Ch ...
The Trump administration is weighing a historic move to take a 10% stake in Intel, converting CHIPS Act grants into equity to ...
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