News
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.”
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...
SoftBank announced on Tuesday a $2 billion investment in Intel that will add to the Japanese tech investor's ambitious bet on ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, ...
The unemployment rate is at a low 4.2 percent as of July, but Americans are still worried most jobs will become obsolete.
Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...
SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback