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The two firms announced the deal last night, stating that it will deepen their commitment to investing in advanced technology and semiconductor innovation in the United States.
Intel's CEO, Lip-Bu Tan, has secured potential investments from the Trump administration and SoftBank Group Corp., aimed at reviving the struggling US chipmaker.
Shares in Intel climbed as much as 7% in US pre-market trading on Tuesday, on news that the tech giant would gain a US$2 billion ($3.08 billion) capital injection from SoftBank Group.
The move could be seen as a vote of confidence for Intel, which has been playing catch-up in an industry that has chased the ...
If you thought President Donald Trump’s tariffs would push up prices and pinch profit margins, recent economic data has ...
Less than two weeks after President Donald Trump called for the ouster of Intel Corp.’s Lip-Bu Tan, the company’s chief executive officer has a shot at securing billions of dollars in fresh capital ...
The government’s plan is under consideration just as SoftBank announced a surprise bet on Intel’s revival, agreeing to ...
Intel shares are surging 6% in premarket trading Tuesday on news that Japan's SoftBank Group is making a $2 billion investment in the struggling U.S. chipmaker.
FILE PHOTO: Ukrainian President Volodymyr Zelenskiy meets some of the European leaders at the Ukrainian Embassy, ahead of ...
SoftBank has invested 65 billion baht in Intel shares, sparking a wave of collaboration in the global chip industry.
The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips ...