SoftBank will purchase $2 billion of Intel shares at $23 each, boosting the struggling chipmaker. Post-announcement, Intel’s stock rose ~5% in after-hours trading (closed at $23.66, up 18% YTD), with SoftBank set to be its fifth-largest shareholder (per FactSet).
SoftBank is expanding U.S. operations, including acquiring Foxconn’s Ohio EV plant and partnering on OpenAI-Oracle’s "Stargate" data center.
Intel, aiming to regain industry leadership, is in talks with the Trump administration about a potential ~10% stake (current market cap ~$100 billion). CEO Pat Gelsinger, a veteran who worked with SoftBank’s Masayoshi Son, welcomed deeper ties, citing shared goals in U.S. tech and manufacturing.
ICgoodFind: SoftBank’s stake in Intel signals confidence and paves the way for potential tech collaborations.
