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Intel shares fell nearly 7% on Wednesday after CNBC reported the chipmaker is in talks with additional large investors for a ...
Intel faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.
This came after President Donald Trump announced that the US government was keen on supporting the beleaguered company with financial backing through the CHIPS Act funds, in exchange for a 10-percent ...
Softbank owns a majority stake in Arm. Arm-based chips dominate the smartphone market, and they're starting to compete with Intel in PCs and servers as well. Arm doesn't sell chips directly, instead ...
The sector continues to advance, with notable progress in finance, security, and hardware research. SoftBank Group (SFTBY) made a major investment in Intel (INTC), Microsoft (MSFT) outlined its ...
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Softbank claims in a recent press release that Nintendo is one of several companies who will supply parts from Intel.
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on ...
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
Melius Research analyst Ben Reitzes raised his price target on Intel's stock (INTC) to $25 from $21, citing SoftBank's (SFTBY) (JP:9984) investment as a key vote of confidence in the embattled chip ...
The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a ...
Intel fell almost 8% as investors awaited the government's decision on the stake purchase and processed the possible consequences.
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