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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.”
Intel's new CEO, SoftBank's $2B investment, and CHIPS Act support position Intel for growth. Read why INTC stock is a strong long-term buy.
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, ...
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Making Headlines This Week. On August 15, Bloomberg reported that the ...
If you want to leverage even an integrated GPU for AI you need memory, and Intel is following AMD's lead on Core Ultra and allowing you to choose how much you're using.
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