SoftBank Group has committed $2 billion to Intel, signalling confidence in the chipmaker's future. This investment aims to bolster advanced semiconductor manufacturing within the United States. SoftBank will acquire Intel common stock at $23 per share, reinforcing both companies' dedication to technological advancement and semiconductor innovation.
The investment highlights SoftBank's vision of accelerating AI development through advanced technologies supporting digital transformation, cloud computing, and next-generation infrastructure. Intel aims to strengthen its U.S. technology and manufacturing leadership through this collaboration.
Both companies have expressed enthusiasm about the partnership, emphasising its potential to drive semiconductor innovation and expand advanced manufacturing capabilities in the United States. The deal is subject to customary closing conditions.
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