Japan’s SoftBank to invest US$2 billion in Intel
Digest more
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,
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
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,