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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.
Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...
Intel gained a major backer Monday after SoftBank committed $2 billion for a roughly 2% stake, according to CNBC. SoftBank ...
Japanese technology giant SoftBank Group plans to take a US$2 billion stake in computer chip maker Intel as it deepens its ...
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 ...
Shares in both companies fell after the announcement, which coincided with unconfirmed reports that the U.S. government may ...
As Intel grapples with paused factory construction and shifting priorities, analysts question whether new investments will be ...
SoftBank’s investment in Intel comes less than a week after it was claimed that the Trump administration was reportedly in ...