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Intel Gains $2 Billion Investment From SoftBank to Revive US Chipmaking
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common stock. Lip-Bu Tan, Intel’s CEO, said in a statement that he “appreciate (s) the confidence (SoftBank) has placed in Intel with this investment.”
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...
Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...
SoftBank Group Corp. shares look to have limited upside after the rally this month that added more than ¥7 trillion ($47 billion) to an all-time high Monday.
Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure ...
Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding ...
The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.
A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion ...
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