Japan’s SoftBank to invest US$2 billion in Intel
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The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become the beleaguered chipmaker’s largest shareholder.
Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been struggling.
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The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team advance.
SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while boosting its own chip ambitions.
Intelligence Director Tulsi Gabbard said the British government’s order “would have enabled access to the protected encrypted data of American citizens.”
The stock rose 6% in premarket trading after Japan's SoftBank (JP:9984) agreed to invest $2 billion in the
While Grove's focused boldness worked, Tan's way forward must be more nuanced, balancing boldness with humility while resisting the urge to “fix” everything at once.