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Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...
Key Takeaways Intel on Monday said Japanese investment giant SoftBank had agreed to buy $2 billion of the chipmaker's stock, ...
Money might not be the solution to Intel Corp.’s problems.
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
Intel (NASDAQ: INTC) jumped 6.97% on Tuesday to close at $25.31, up $1.65. Trading volume soared to 293 million shares, ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
Money earmarked for semiconductor company under Chips Act could be converted into equity ...
Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive ...
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan’s ...
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