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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 ...
The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has struggled to serve.
Japan-based tech investor SoftBank Group said today it will invest US$2 billion (RM8.46 billion) in Intel, as the US ...
As Intel grapples with paused factory construction and shifting priorities, analysts question whether new investments will be ...
SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan’s SoftBank Group Corp.