Softbank Konglomerate Japan has agreed to make $ 2 billion investment in transactions described as commitment to advanced technology and semiconductor in the United States.
Agreement, in Softbank will buy Intel’s common stock, is announced Monday Once the market is closed. Softbank will pay $ 23 per Intel General stock stock. Intel stock, which is closed $ 23.66, emerge more than 5% in trading after hours.
Head of Softbank Group and CEO massage Massayosi’s said “strategic investment showing confidence and advanced semiconductor supply is advanced in the United States, with Intel a critical role.”
Investment provides validation for Intel, which has been imagined in the past year with a competitor like NVIDIA. It also reflects the interest of softbank in the US, especially around AI chips. Softbank recently Buy factory In Lirdstown, Ohio, owned by Foxconn as part of the plan to build AI data centers.
Intel, it is from the CEO lip-bu tan, in the middle of the rectangular, if rearrangement is interested in speeding the core business and the portfolio of data center. The beginning of this summer, Intel Automotive Architecture Business Round and laid staff. This also announced plans to reduce Intel Foundry Foundry Division between 15% and 20%See rankings-.
Tan should also navigate political landmine in the past few weeks as Donald Trump President Call to backward Due to the conflict of interest – a accusation made without evidence – and administration is reported already discussed take the stake on IntelSee rankings-.
SoftBank-intel deals arrived only the day after the thream administration was threatened New tariffs The imported semiconductor chips are part of their strategy to increase domestic production.
TechCrunch Events
San Francisco
|
October 27, 2025