Intel shares jump as Softbank to buy $2bn stake in chip giant
The announcement comes hours after reports that the White House is in talks over taking a 10% stake in Intel.
BBC News
SoftBank Group
Japanese investment holding company
SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo, that focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.
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