Why SoftBank is investing $2 billion in Intel amid AI and chip challenges

Intel has secured a crucial $2 billion lifeline from Japanese investment conglomerate SoftBank, marking a significant intervention that comes at a turning point for the struggling American chip giant. The transaction, announced on Tuesday, positions SoftBank among Intel’s top ten shareholders and sends ripples through both the technology and financial markets as Intel attempts to regain its leadership in semiconductor manufacturing. Under the terms of the agreement, SoftBank will acquire $2 billion worth of Intel common stock at […]