SoftBank to invest US$2 billion in Intel to become a top-10 shareholder
Government
TOKYO: Japan-based tech investor SoftBank Group said on Tuesday (Aug 19) it will invest US$2 billion in Intel, as the US government reportedly considers taking a 10-per cent stake in the troubled US chip giant. The move is the latest in SoftBank's succession of investments and business deals in the United States as its charismatic founder Masayoshi Son aggressively courts US President Donald Trump. "This strategic investment reflects our belief that advanced semiconductor manufacturing and
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