SoftBank Invests $2 Billion in Intel to Boost U.S. Semiconductor Innovation
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SoftBank Group Corp. has announced a $2 billion investment in Intel Corporation, acquiring Intel common stock at $23 per share. This strategic partnership aims to enhance semiconductor innovation in the U.S., with both companies committed to advancing technology and manufacturing. SoftBank's CEO, Masayoshi Son, emphasized the critical role of semiconductors across industries, while Intel's CEO, Lip-Bu Tan, highlighted the strengthened collaboration. The investment aligns with SoftBank's vision for driving AI and supporting next-generation infrastructure.
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