Intel, SoftBank and Japan
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Japan-based tech investor SoftBank Group said Tuesday it will invest $2 billion in Intel, as the U.S. government reportedly considers taking a 10-percent stake in the troubled U.S. chip giant.
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s