SoftBank has invested $2B in Intel via Tan as Japanese conglomerate shows confidence in CEO's turnaround strategy for ...

WARREN, Ohio (WKBN) — Trumbull County commissioners are shedding some light on SoftBank’s plans for the plant in Lordstown.

Between 1,600 and 2,000 jobs are expected at the former General Motors Lordstown plant following its $375 million sale to SoftBank, a Trumbull County commissioner said Tuesday.

Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...

SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.

The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...

For the Trump administration, a recovery of the chipmaker’s manufacturing prowess would help win jobs and voters.

Intel's new CEO, SoftBank's $2B investment, and CHIPS Act support position Intel for growth. Read why INTC stock is a strong long-term buy.

Intel shares gained on Tuesday after the White House confirmed the Trump administration is negotiating a deal that could see ...

The move comes as Intel secured a $2 billion investment from SoftBank, giving the Japanese conglomerate about ... Intel is ...

When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with ...

The Trump administration is in discussions to take a stake of about 10% in Intel, possibly by converting grants made to the ...