After market close Monday, SoftBank announced that they had signed an agreement with Intel to invest $2 billion in the latter's common stock. That shakes out to $23 per each of the chip maker 's ...

Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports ...