Shares in chip maker rise amid reports US government is also considering taking a stake

SoftBank will pay $23 per share for Intel's common stock, acquiring roughly 2% of the struggling chipmaker.

SoftBank will pay $23 per share for Intel common stock.

The announcement comes hours after reports that the White House is in talks over taking a 10% stake in Intel.

SoftBank has been expanding its US footprint, including a recent deal to buy Foxconn’s electric vehicle plant in Ohio.

Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive securities purchase agreement.

The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips Act funding as part of the equity.

Washington reportedly considering 10% stake in US chipmaker

Die US-Regierung erwägt, zehn Prozent an Intel zu erwerben, um den Chiphersteller zu stabilisieren. Dies folgt auf einen milliardenschweren Aktienkauf durch Softbank

Shares in chip maker rise amid reports US government is also considering taking a stake

The news comes amid reports of the US government taking a stake in Intel.

Der angeschlagene Chipkonzern erhält Unterstützung von der Investorenlegende Masayoshi Son. Der Japaner eilt damit abermals Donald Trump zur Hilfe. Die US-Regierung will für die…

Trump administration looking to convert funding from Chips Act into equity in the semiconductor manufacturer

Officials in US President Donald Trump’s administration made comments saying the equity stake was not to run the firm.

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.

Il gigante di Tokyo di telefonia fissa e internet a banda larga SoftBank Group punta due miliardi di dollari nel produttore di chip per computer Intel, rafforzando così il…

The potential deal could involve swapping government grants for shares in the chip making giant.

It comes after SoftBank announced it would invest $2 billion in the struggling chipmaker.