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SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker.
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...
Trump administration eyes 10% Intel stake by converting federal grants, raising hopes of revival for the struggling U.S.
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
Treasury Secretary Bessent's said that stabilization would be the goal of any U.S. stake in the troubled chipmaker.
U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...
The Trump administration is weighing a historic move to take a 10% stake in Intel, converting CHIPS Act grants into equity to ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
U.S. Treasury Secretary Scott Bessent on Tuesday said any U.S. investment in Intel would be aimed at helping the troubled ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Intel announced it has signed a definitive securities purchase agreement with SoftBank that will see the majority Arm ...