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Intel, SoftBank

Trump administration vying to own a 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 oust the company’s CEO.

AOL · 21h

Intel stock surges 10% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY) will take a $2 billion stake in the ailing chip giant.

The Washington Post on MSN · 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.

OpenAI staffers to sell $6 billion in stock to SoftBank, other investors

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes ...

13h

SoftBank Group Shares Extend Slide as US Tech Slump Weighs

SoftBank Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...

Intel shares pop on SoftBank investment, and other early market movers

Here are some of the stocks making notable moves in Tuesday's premarket action: Intel shares are jumping more than 6% after ...

SoftBank Group and Intel Corporation Sign $2B Investment Agreement

The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor ...

SoftBank’s $47 Billion AI-Led Stock Rally Is at Risk of Stalling

SoftBank Group Corp. shares look to have limited upside after the rally this month that added more than ¥7 trillion ($47 billion) to an all-time high Monday.

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 ...

SoftBank held talks with Intel on buying contract chipmaking business

SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese ...

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