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The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Softbank claims in a recent press release that Nintendo is one of several companies who will supply parts from Intel.
As we published this, President Donald Trump was even mulling quasi-nationalisation. The sums needed to rescue it keep ...
SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.
The announcement coincided with unconfirmed reports that President Donald Trump is considering having the U.S. government buy ...
SoftBank announces its intention to purchase up to $2 billion worth of Intel common shares, investment into advanced ...
The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Intel stock was rising on the investment from SoftBank, which could bring a major chip-manufacturing customer alongside an ...
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...