Japanese giant SoftBank is ready to invest as much as $2 billion and thereby buy a portion of the shares at a price of $23.

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 ...

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

Intel shares jumped on Tuesday as investors responded to signals the Trump administration may throw the company’s troubled ...

SoftBank announces its intention to purchase up to $2 billion worth of Intel common shares, investment into advanced ...

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

A new partner to Foxconn's AI venture in Lordstown, Japanese investment firm SoftBank, has also announced a $2 billion ...

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...

Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their performance. The S&P 500 ended the ...