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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.”
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
SoftBank is advancing its R&D for RAN enhancement through a phased approach. In previous research using a Convolutional ...
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
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SoftBank’s $47B rally faces pause as charts signal overheated stock
SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.
Through an Ising machine, which combines a mixture of quantum and classical computing, SoftBank sought to calculate optimal settings on base stations supporting a 5G network – which resulted in a 10% ...
Japanese investment giant SoftBank has announced a substantial US$2bn investment in Intel, the major American semiconductor ...
This was originally published in the Artificial Intelligencer newsletter, which is issued every Wednesday. Sign up here to ...
SoftBank Group Corp. shares fell for a second day, following a sharp selloff in US technology shares and as concerns over its ...
Between 1,600 and 2,000 jobs are expected at the former General Motors Lordstown plant following its $375 million sale to ...
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Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company
The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...
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