India  

Japan’s SoftBank to invest US$2 billion in Intel as part of US push

Upworthy Tuesday, 19 August 2025 ()
SoftBank Group agreed to buy US$2 billion in Intel stock, a move that extends its US investment effort and offers a vote of confidence in the struggling chipmaker. SoftBank will pay US$23 a share for Intel ordinary share, according to a joint statement on Monday. The agreement, which the companies…
0
shares
ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Top Stock Movers Now: Intel, Palo Alto Networks, Nvidia, and More

In this article: Key Takeaways - U.S. equities were mixed at midday with new corporate earnings and the semiconductor industry in focus. - Japan's SoftBank...
Upworthy

Japan’s SoftBank to take $2-billion stake in chipmaker Intel

Japanese technology giant SoftBank Group plans to take a US$2-billion stake in chipmaker Intel INTC-Q as it deepens its involvement in U.S. semiconductor...
Upworthy

Intel Stock Jumps as SoftBank Invests $2B in Struggling Chipmaker

In this article: Intel (INTC) shares are surging 6% in premarket trading Tuesday on news that Japan's SoftBank Group is making a $2 billion investment in the...
Upworthy