Japan’s SoftBank to invest US$2 billion in Intel
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The stock rose more than 6% trading after Japan's SoftBank (JP:9984) agreed to invest $2 billion in the st
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),
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Why Intel Stock Is Soaring Today
SoftBank is investing $2 billion in Intel at $23 per share, signaling confidence in an artificial intelligence (AI) turnaround. Will it be what Intel needs?
Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.
Follow all the latest U.S. market action for Tuesday here to see if stocks can shake of some summer torpor and reach fresh highs as Hone Depot kicks off a batch of retailer earnings this week.
The stock rose 6% in premarket trading after Japan's SoftBank (JP:9984) agreed to invest $2 billion in the
Trump's flip-flopping on Intel highlights the impact of politics on investor sentiment. New leadership, government investment and hedge fund bets suggest a major turnaround in store for Intel.