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Foxconn and SoftBank to make data center equipment in Ohio

Bloomberg · 3d

Foxconn to Operate SoftBank’s Stargate AI Server Site in Ohio

Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what’s in the running to be the first manufacturing site in the Japanese company’s $500 billion Stargate venture with OpenAI and Oracle Corp.

The Columbus Dispatch on MSN · 2d

Foxconn and SoftBank to make data center equipment in Ohio for Stargate project

TAIPEI (Reuters) - Foxconn said on Aug. 18 it plans to manufacture data center equipment with Japan's SoftBank at the Taiwanese firm's former electric vehicle factory in Ohio, part of the Stargate project to advance U.S. artificial intelligence infrastructure.

Tom's Hardware on MSN · 2d

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Intel gets $2 billion from SoftBank

MarketWatch on MSN · 11h

Here’s how SoftBank could turn Intel’s fortunes around

The deal between SoftBank and Intel would involve the creation of roughly 87 million new shares, adding an incremental 2% to Intel’s overall share count. Reitzes believes the transaction will happen before the end of the year.

Fox Business on MSN · 1d

Intel gets $2 billion from Softbank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.

Bloomberg on MSN · 1d

Trump Weighs 10% Government Stake in Intel as SoftBank Buys In

The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become the beleaguered chipmaker’s largest shareholder.

1don MSN

Intel gets $2 billion lifeline in the form of SoftBank equity investment

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...

1d

Intel, SoftBank Discussed a Sale. Now, a Cash Infusion Will Accelerate American AI.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

What’s up with… Intel, SoftBank, Deutsche Telekom & Nvidia

Intel secures $2bn investment from SoftBank GroupSoftBank lines up Stargate factory in OhioDeutsche Telekom and Nvidia pitch ...

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