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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 ...
Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens ...
Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...
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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.
Between 1,600 and 2,000 jobs are expected at the former General Motors Lordstown plant following its $375 million sale to ...
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
This was originally published in the Artificial Intelligencer newsletter, which is issued every Wednesday. Sign up here to ...
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