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Intel, SoftBank

Intel stock surges 10% 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.

· 18h · on MSN

Intel saved? Softbank is investing $2 billion in beleagured chipmaker - and the Trump administration may still take a stake too

· 1d

Softbank Invests $2 Billion In Intel As U.S. Government Weighs Stake

· 1d

Japanese tech investment giant SoftBank to invest $2 billion in Intel

The move, which will involve SoftBank purchasing Intel common stock at $23 per share, was interpreted as a boon to the struggling U.S. company by industry watchers and investors.

· 1d

Japan's SoftBank to take $2 billion stake in computer chip maker Intel

· 1d

Intel gets $2 billion from SoftBank as White House mulls stake

2don MSN

SoftBank is investing $2 billion in Intel as part of its AI bet

Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.

1don MSN

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

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market capitalisation at close of trading on Monday, represent an equity stake of just under 2%, an Intel spokesperson said.

10h

With Intel's SoftBank Deal Fueling Competition Fears, AMD Stock Slides Despite Bullish AI Outlook

Shares of AMD are continuing their slide Wednesday morning. Chip stocks fell Tuesday after SoftBank announced a $2 billion investment in rival Intel.

1don MSN

Intel Stock Soars After SoftBank’s $2 Billion Investment. Why It’s About More than Money.

The move could be seen as a vote of confidence for Intel, which has been playing catch-up in an industry that has chased the artificial intelligence boom.

SoftBank + Uncle Sam? What Intel's Twin Boosts Could Mean For Semiconductor ETFs

Intel fell almost 8% as investors awaited the government's decision on the stake purchase and processed the possible consequences.

Daily Jang1d

Intel stock spikes 5% as SoftBank invests $2 billion

Intel shares skyrocketed to 5% in premarket trading Tuesday following SoftBank Group announced a $2 billion stake in the struggling chipmaker.The investment comes after a disturbing week for the company.