SoftBank is investing $2 billion in Intel
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Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),
Intel's new CEO, SoftBank's $2B investment, and CHIPS Act support position Intel for growth. Read why INTC stock is a strong long-term buy.
The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, which has lagged behind in the chip race after being the erstwhile market leader,
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY) will take a $2 billion stake in the ailing chip giant.
Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Making Headlines This Week. On August 15, Bloomberg reported that the Trump administration is engaged in talks with Intel Corp.
If you want to leverage even an integrated GPU for AI you need memory, and Intel is following AMD's lead on Core Ultra and allowing you to choose how much you're using.
While Grove's focused boldness worked, Tan's way forward must be more nuanced, balancing boldness with humility while resisting the urge to “fix” everything at once.