SoftBank Makes $2B Investment in Intel: A US Tech Boost

SoftBank makes $2B investment in Intel, boosting US semiconductor innovation and AI chip growth.

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SoftBank Makes $2B Investment in Intel: A US Tech Boost

SoftBank Makes $2B Investment in Intel, Boosting US Semiconductor Growth Japanese tech giant SoftBank makes $2B investment in Intel, signaling strong confidence in the future of U.S. semiconductor innovation. The move highlights the company’s focus on advanced technologies, including AI chips, and reinforces Intel’s role in the global chip market. Image Credits:Alex Wroblewski/Bloomberg / Getty Images The deal, announced Monday after markets closed, involves SoftBank purchasing Intel common stock at $23 per share. Intel shares, which closed at $23.66, surged over 5% in after-hours trading following the news. SoftBank’s Strategic Vision for Intel SoftBank Group Chairman and CEO Masayoshi Son emphasized that this $2B investment in Intel “reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role.” The investment demonstrates SoftBank’s renewed interest in U.S. technology, particularly in AI-focused har…

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