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 struggling U.S. chipmaker. SoftBank will pay $23 for each Intel share, a slight discount to Monday's closing price of $23.66, the companies…
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