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Kyodo News on MSNSoftBank Group to invest $2 bil. in Intel, continuing US chip expansion
SoftBank Group Corp. will invest $2 billion in struggling U.S. chipmaker Intel Corp., the companies said on Tuesday, marking ...
SoftBank Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor ...
Japan's SoftBank Group says it has signed an agreement with US chipmaker Intel to make a 2-billion-dollar investment in Intel ...
SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data ...
SoftBank Group is buying about 2% of Santa Clara, California's Intel, the storied U.S. chipmaker that has lost ground in ...
The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, ...
Melius Research analyst Ben Reitzes raised his price target on Intel's stock (INTC) to $25 from $21, citing SoftBank's (SFTBY) (JP:9984) investment as a key vote of confidence in the embattled chip ...
Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens ...
Some of SoftBank’s other investments also have paid off big. An example is Coupang, an e-commerce company known as the ...
The Japanese investment company will pay $23 per share for Intel common stock, they said in a joint statement. SoftBank would become the sixth-largest investor in Intel, according to LSEG data.
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