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Trump administration weighs 10% stake in Intel

The Associated Press on MSN · 42m

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.

Forbes on MSN · 15h

Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s share price.

Fox Business on MSN · 12h

Intel gets $2 billion from SoftBank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.

Struggling Intel gets $2 billion investment from SoftBank

Reuters on MSN · 14h

Intel gets $2 billion lifeline in the form of SoftBank equity investment

Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.

TechRepublic · 6h

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.”

CNBC on MSN · 2h

Not convinced about its turnaround, but there is little downside for Softbank investing in Intel

Jefferies Asia’s Atul Goyal argues SoftBank’s tiny Intel stake limits exposure, while potential U.S. government backing could turn Masa’s Intel bet into an advantage. For Intel, still struggling with its turnaround,

6h

Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

18h

Wall Street Breakfast Podcast: SoftBank Pours $2B Into Intel

Intel scores $2B investment from Japan's SoftBank, shares jump. Sinclair reportedly offers to merge broadcast TV operations ...

Intel shares see a sudden 5% spike in extended trading; Here's why

The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, ...

10hon MSN

After Deal Talks, Intel’s $2 Billion Infusion From SoftBank Will Accelerate AI Push

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

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