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Intel shares jumped about 5% in late trading after the announcement. They had closed at $23.66 in New York after a year-to-date gain of 18%.
Billionaire Masayoshi Son’s SoftBank has made a big move. The company announced it put $2 billion into Intel. This deal ...
SoftBank has been expanding its US footprint, including a recent deal to buy Foxconn’s electric vehicle plant in Ohio.
Japan-based tech investor SoftBank Group said today it will invest US$2 billion (RM8.46 billion) in Intel, as the US ...
SoftBank plans to buy $2 billion of Intel stock, the companies announced on Monday, just as the Trump administration is considering taking a roughly 10% stake in the beleaguered chip giant , worth ...
Intel eyes $2 billion investment from SoftBank, which should make the VC firm one of the chipmaker’s largest shareholders.
In the real world, bubbles delight because they reflect their surroundings. But the bubble Altman described could be one ...
SoftBank Group Corp. agreed to buy $2 billion in Intel Corp. stock, a move that extends its US investment effort and offers a ...
The Japanese investment company will pay $23 per share for Intel common stock, they said in a joint statement. SoftBank would become the sixth-largest investor in Intel, according to LSEG data.
Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion ...