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Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Intel's rocky ties with TSMC, strained after Pat Gelsinger's "rude" Taiwan remarks and the loss of a key wafer discount, have left the chipmaker battling billions in foundry losses, mounting ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...
US government is considering equity stakes in companies receiving CHIPS Act funding, including TSMC, Micron, Samsung, and ...
This is likely an effort to showcase that Intel 18A is capable of supporting advanced Arm-based chips. For Arm-based chip ...
The industry looks very different from when Intel was the clear leader. Nvidia and AMD dominate AI and data centers, while ...
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...