Softbank bets $2 billion on Intel having a future
: Takes two percent stake as rumours swirl Uncle Sam could do something similar
SoftBank's Son backs ally Tan with $2 billion Intel investment
TOKYO :When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how Masayoshi Son's conglomerate could strengthen its business. Three years later, a resurgent SoftBank has made a show of
SoftBank to take $2 billion stake in U.S. computer chip maker Intel
Japanese technology giant SoftBank Group plans to take a $2 billion stake in computer chip maker Intel as it deepens its involvement in U.S. semiconductor manufacturing and other advanced technology in the United States, the companies said. Shares in both companies fell Tuesday after the announcement, which coincided with unconfirmed…
Intel Secures $2 Billion US Investment from Softbank Amid Chip Push
Softbank is investing $2 billion into Intel, boosting its US presence and share price as the chipmaker faces new tariffs.
SoftBank investing $2bn into chip giant Intel - reports
Intel has secured a $2bn investment from Japan’s SoftBank, offering the US chipmaker a financial boost as it strives to regain competitiveness and amid reports that the Trump administration is weighing its own stake in the company.
Trump administration seeks equity stake in chipmaker Intel
Aug. 19 (UPI) -- The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.
Trump administration vying to own big stake in Intel after SoftBank's $2 billion bet on company
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to…
As Trump Considers 10% Intel Stake, Chipmakers Fear Tilted Playing Field
The Trump administration appears to be in serious discussions about converting up to US$10.9 billion (A$16.4 billion) in CHIPS Act grants into equity in Intel. That would give Washington a 10% stake and make it the chipmaker’s largest shareholder. As Channel News has reported, it’s been an eventful period for the troubled American semiconductor manufacturer.... Read More
Intel is Getting a $2 Billion Investment From SoftBank
Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment the embattled chipmaker. SoftBank will pay $23 per share for Intel's common stock. The investment is a vote of confidence in Intel, which has not been able to take advantage of the AI boom in adva...
last updated on 20 Aug 05:40