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SoftBank to invest $2B in Intel.
IntelIntel(US:INTC) Yahoo Financeยท2025-08-19 18:02

Japanese conglomerate SoftBank will make a $2 billion investment into Intel. The investment will make Soft Bank among Intel's top five shareholders. Intel needs a heck of a lot more than $2 billion to kind of write its ship.It is something, but it's not going to be the panacea that that maybe some folks want it to be. It does give SoftBank enough of a stake to obviously have them interested in continuing to see Intel move forward with its turnaround plan, but investors are excited about it. This also follow ...