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Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a ...
Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their performance. The S&P 500 ended the session 0.6% lower, while the tech-heavy Nasdaq dropped 1.5%. The Dow held onto ...
WASHINGTON, Aug 19 (Reuters) - Americans are deeply concerned over the prospect that advances in artificial intelligence ...
In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Bloomberg on MSN27m
US Weighs 10% Stake in Intel as SoftBank Buys In
SoftBank plans to put $2 billion into Intel as the US government weighs taking a 10% stake in the company without seeking a ...
The Trump administration has also been in talks that would see the U.S. acquire a 10% stake in Intel, Bloomberg reported on Monday. On Tuesday, Commerce Secretary Howard Lutnick said on CNBC that ...
Elsewhere, Intel (NASDAQ: INTC) stock rose 7% after the Japanese tech conglomerate Softbank (OTC: SFTBY) agreed to buy $2 billion worth of stock in the beleaguered chipmaker with the goal of building ...
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...
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