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Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...
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 MSN38m
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 ...
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