The move could be seen as a vote of confidence for Intel, which has been playing catch-up in an industry that has chased the artificial intelligence boom.

Here are some of the stocks making notable moves in Tuesday's premarket action: Intel shares are jumping more than 6% after the chipmaker announced [a $2 billion investment by Japan’s SoftBank Group](

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy Intel common stock at $23 per share.