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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.”
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.
President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...
A US government plan to take a stake in Intel Corp. would give the ailing chipmaker a powerful backer, even if a bigger ...
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