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The Wall Street firm says current spending plans for AI should create some $920 billion in new value. That’s good news for ...
Son has commited $2B to Intel ally Tan as SoftBank backs CEO's turnaround efforts with strategic investment in struggling ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Intel and SoftBank announced on Monday that the Japanese conglomerate will invest $2 billion in the U.S. chipmaker. SoftBank is purchasing Intel’s common ...
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The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore ...
But it may have other motivations for the deal. Chief Executive Officer Masayoshi Son wants to make his company a world leader in artificial superintelligence, a hypothetical software system that ...
Melius Research analyst Ben Reitzes raised his price target on Intel's stock (INTC) to $25 from $21, citing SoftBank's (SFTBY) (JP:9984) investment as a key vote of confidence in the embattled chip ...
SoftBank has invested $2B in Intel via Tan as Japanese conglomerate shows confidence in CEO's turnaround strategy for struggling chipmaker company.
Intel receives a significant boost with SoftBank's $2 billion investment and potential $10.4 billion government stake, ...
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