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Officials in US President Donald Trump’s administration made comments saying the equity stake was not to run the firm.
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 ...
Intel gained a major backer Monday after SoftBank committed $2 billion for a roughly 2% stake, according to CNBC. SoftBank ...
Wall Street is edging further from its records. The S&P 500 fell 0.4% Tuesday and is on track for a third straight modest ...
"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.
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...
Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens ...
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s ...