SoftBank plans to buy $2 billion of Intel’s common stock, paying $23 per share, signaling renewed confidence in the chipmaker.
SoftBank plans to buy $2 billion of Intel’s stock, a move that positions the firm among top investors and signals deeper involvement in U.S. semiconductor manufacturing.
This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role.
Softbank announces it's buying a $2 billion stake in Intel as the Trump administration reportedly considers a 10% slice of the bright blue chipmaking pie
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