There's renewed focus on AI hardware, increasing holdings in Nvidia and TSMC in the March quarter despite critics warning of a bubble and oversupply risks.

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration's financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president's recent push to oust the company's CEO.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Beleaguered chip manufacturer Intel will receive a much-needed $2 billion capital injection from the Japanese venture capital giant, SoftBank Group, a move that signals the latter's increasing desire to attain a foothold in the bourgeoning semiconductor industry, reported Reuters on Tuesday.

SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of workers. In an announcement, SoftBank CEO Masayoshi Son said the investment aligns with the firm’s belief that “advanced semiconductor manufacturing and supply will further expand in the United States.”

Intel receives a significant boost with SoftBank's $2 billion investment and potential $10.4 billion government stake, signaling renewed confidence in its turnaround. SoftBank's investment aligns with its AI ambitions,

PayPay has filed for a US listing that could value Japan’s ubiquitous payments company at more than $10bn and help fund some of owner SoftBank’s massive bets on artificial intelligence.

SoftBank’s Vision Fund 2 has performed so terribly it seems like fiction. Yet SoftBank Group’s stock hit an all-time high on Tuesday.To followers of SoftBank founder Masayoshi Son, none of this is surprising.