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Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive ...
Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens ...
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan’s ...
Aug 19 (Reuters) - Intel (INTC.O) is getting a $2 billion capital injection from SoftBank Group (9984.T) in a major vote of ...
Shares in both companies fell after the announcement, which coincided with unconfirmed reports that the U.S. government may ...
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
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The Manila Times on MSNJapan's SoftBank to invest $2B in Intel
TOKYO — Japan-based tech investor SoftBank Group said Tuesday it will invest $2 billion in Intel, as the US government ...
Softbank claims in a recent press release that Nintendo is one of several companies who will supply parts from Intel.
An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.
The Japanese tech giant has been increasing its investments in the US since the beginning of US President Donald Trump's ...
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