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Intel, SoftBank
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· 1h
· on MSN
Intel Shares Pop 5% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake
Shares of Intel rose more than 5% in premarket trading Tuesday, following an announcement that SoftBank would invest $2 billion in the company and a report the Trump administration was holding talks a...
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· 11h
SoftBank to put $2 bln into Intel, US may also take stake
SoftBank Group is taking a $2 billion equity stake in Intel, the two companies said on Monday, amid a ramp-up in efforts to provide financial support to the struggling U.S. chipmaker.
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· 14h
Intel shares jump as Softbank to buy $2bn stake in chip giant
"The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor innovation in the United States," the two companies said in a joint stat...
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CNBCTV18
14h
Intel shares see a sudden 5% spike in extended trading; Here's why
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, which has lagged behind in the chip race after being the erstwhile market leader,
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