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The Apple product manufacturer sold the Lordstown, Ohio, facility to the Japan-based conglomerate for $375 million.
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Phone 17 series mass production has reportedly begun. Foxconn is luring more workers with bonuses to meet the demand.
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
Intel and SoftBank said Monday that the Japanese conglomerate will invest $2 billion in the struggling U.S. chipmaker.
The deal coincides with unconfirmed reports that the Trump administration is considering a minority government stake in the ...
Point2 and FIT partnership will deliver terabit-speed interconnects for hyperscale data centers, reducing power consumption, ...
The Agriculture Department is reducing support for solar and wind energy on farmlands, restricting funding for renewable projects.
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