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 ...

As we published this, President Donald Trump was even mulling quasi-nationalisation. The sums needed to rescue it keep ...

SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.

SoftBank announces its intention to purchase up to $2 billion worth of Intel common shares, investment into advanced ...

The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.

The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

Intel stock was rising on the investment from SoftBank, which could bring a major chip-manufacturing customer alongside an ...

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...

For now, AI tends to be enhancing workers, not replacing them — except for some jobs already being outsourced.

Japan’s SoftBank has invested $2 billion in Intel, which has been losing ground lately in the booming AI market.