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Ohio, Foxconn and SoftBank

Bloomberg · 2d

Foxconn to Operate SoftBank’s Stargate AI Server Site in Ohio

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to be the first manufacturing site in the Japanese company’s $500 billion Stargate venture with OpenAI and Oracle Corp.

Reuters on MSN · 2d

Foxconn and SoftBank to make data centre equipment in Ohio for Stargate project

Foxconn said on Monday it plans to manufacture data centre equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S.

Tom's Hardware on MSN · 2d

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Intel, SoftBank

Reuters on MSN · 1d

Intel gets $2 billion lifeline in the form of SoftBank equity investment

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market capitalisation at close of trading on Monday, represent an equity stake of just under 2%, an Intel spokesperson said.

The Washington Post · 1d

Japanese tech investment giant SoftBank to invest $2 billion in Intel

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy Intel common stock at $23 per share.

MarketWatch on MSN · 14h

Here’s how SoftBank could turn Intel’s fortunes around

SoftBank Group Corp.’s $2 billion investment in Intel Corp. could be the catalyst the struggling chip maker needs to turn the corner, some analysts believe. Melius Research analyst Ben Reitzes raised his price target on Intel’s stock to $25 from $21,

1d

Factbox-SoftBank's growing bets on AI and semiconductor assets

Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...

GCN14h

SoftBank injects $2B into Intel

SoftBank is investing $2 billion into Intel, a move aimed at strengthening the chipmaker’s resources as it navigates ...

1d

Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

What’s up with… Intel, SoftBank, Deutsche Telekom & Nvidia

Intel secures $2bn investment from SoftBank GroupSoftBank lines up Stargate factory in OhioDeutsche Telekom and Nvidia pitch ...

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