SoftBank Group and Intel Corporation $2 Billion Investment Agreement for U.S. Semiconductor Innovation
SoftBank Group and Intel Corporation have signed a $2 billion investment agreement, with SoftBank acquiring Intel common stock at $23 per share. This strategic move aims to boost semiconductor innovation and technology in the United States. Both companies emphasize their commitment to advancing U.S. technology and manufacturing leadership. The investment reflects SoftBank's vision of enabling the AI revolution and supporting digital transformation and next-generation infrastructure.