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Intel Gains $2 Billion Investment From SoftBank to Revive US Chipmaking
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common stock. Lip-Bu Tan, Intel’s CEO, said in a statement that he “appreciate (s) the confidence (SoftBank) has placed in Intel with this investment.”
The move could signal SoftBank’s chip ambitions, as the company may be gearing up to build Arm CPU tiles, AI XPUs, and Ampere ...
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, ...
Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...
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