SoftBank to Invest 2 B. Dollars in Intel

HEADLINES

Washington/Silicon Valley, Aug. 18 (Jiji Press)–SoftBank Group Corp. said Monday that it will invest 2 billion dollars in Intel Corp. to promote semiconductor innovation in the United States. The Japanese technology investor will pay 23 dollars per share of Intel common stock. “This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further e…

Washington/Silicon Valley, Aug. 18 (Jiji Press)–SoftBank Group Corp. said Monday that it will invest 2 billion dollars in Intel Corp. to promote semiconductor innovation in the United States. The Japanese technology investor will pay 23 dollars per share of Intel common stock. “This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further e…