Japan’s SoftBank to invest US$2 billion in Intel
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Here are some of the stocks making notable moves in Tuesday's premarket action: Intel shares are jumping more than 6% after the chipmaker announced [a $2 billion investment by Japan’s SoftBank Group](
Intel scores $2B investment from Japan's SoftBank, shares jump. Sinclair reportedly offers to merge broadcast TV operations with Tegna. Crocs partnering with NFL for team-branded clogs.
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, which has lagged behind in the chip race after being the erstwhile market leader,