Intel is Getting a $2 Billion Investment From SoftBank (cnbc.com)
(Tuesday August 19, 2025 @05:02PM (msmash)
from the searching-for-new-friends dept.)
Intel and SoftBank announced on Monday that the Japanese conglomerate will [1]make a $2 billion investment the embattled chipmaker . SoftBank will pay $23 per share for Intel's common stock. The investment is a vote of confidence in Intel, which has not been able to take advantage of the AI boom in advanced semiconductors and has spent heavily to stand up a manufacturing business that has yet to secure a significant customer.
"Masa and I have worked closely together for decades, and I appreciate the confidence he has placed in Intel with this investment," Intel CEO Lip-Bu Tan said in a statement. Intel shares lost 60% of their value last year, their worst performance in the company's more than half-century on the public market.
[1] https://www.cnbc.com/2025/08/18/intel-is-getting-a-2-billion-investment-from-softbank.html
"Masa and I have worked closely together for decades, and I appreciate the confidence he has placed in Intel with this investment," Intel CEO Lip-Bu Tan said in a statement. Intel shares lost 60% of their value last year, their worst performance in the company's more than half-century on the public market.
[1] https://www.cnbc.com/2025/08/18/intel-is-getting-a-2-billion-investment-from-softbank.html