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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 is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...
Intel has secured a crucial $2 billion lifeline from Japanese investment conglomerate SoftBank, marking a significant ...
Launched in January, the Stargate joint venture unites OpenAI, SoftBank, and Oracle to accelerate AI infrastructure ...
Foxconn, in partnership with Japanese-owned SoftBank, will be building AI data center equipment within the former Lordstown ...
Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
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