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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.”
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SoftBank agreed to acquire $2 billion worth of stock in beleaguered chipmaker Intel as the Japanese conglomerate continues to ...
SoftBank founder Masayoshi Son has been thinking about AI in various forms for more than a decade, according to former ...
There's renewed focus on AI hardware, increasing holdings in Nvidia and TSMC in the March quarter despite critics warning of ...
SoftBank Group founder Masayoshi Son reclaimed the crown as Japan’s richest person with shares of his Tokyo-listed investment conglomerate surging over 60% this year.
SoftBank Group Corp. swung to a quarterly profit, riding on gains from its bets on Nvidia Corp. and startups in a boon for founder Masayoshi Son’s bets on artificial intelligence technologies.
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Softbank’s founder Masayoshi Son stakes the Japanese firm’s future on AI
SoftBank founder Son has made huge bets on AI, insisting that the giant’s future – in as little as 10 years will hinge on ...
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Intel Stock Takes Off In Extended Trading After Masayoshi Son’s SoftBank Picks $2B Stake In Struggling Chipmaker — Retail Sees Huge Rally Loading
Intel Corp. (INTC) stock surged nearly 5.5% in extended trading on Monday after the struggling chipmaker announced that the ...
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