Japan’s SoftBank to invest US$2 billion in Intel
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Intel fell almost 8% as investors awaited the government's decision on the stake purchase and processed the possible consequences.
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tom's Hardware on MSNWhite House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'
The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.
Shares of AMD are continuing their slide Wednesday morning. Chip stocks fell Tuesday after SoftBank announced a $2 billion investment in rival Intel.