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Son has commited $2B to Intel ally Tan as SoftBank backs CEO's turnaround efforts with strategic investment in struggling ...

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore ...

SoftBank agreed to acquire $2 billion worth of stock in beleaguered chipmaker Intel as the Japanese conglomerate continues to ...

The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...

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

There's renewed focus on AI hardware, increasing holdings in Nvidia and TSMC in the March quarter despite critics warning of ...

Intel Corp. (INTC) stock surged nearly 5.5% in extended trading on Monday after the struggling chipmaker announced that the ...

SoftBank founder Masayoshi Son has been thinking about AI in various forms for more than a decade, according to former ...

In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...