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SoftBank has invested $2B in Intel via Tan as Japanese conglomerate shows confidence in CEO's turnaround strategy for ...
23h
WKBN Youngstown on MSNCommissioner outlines details for Lordstown plant
WARREN, Ohio (WKBN) — Trumbull County commissioners are shedding some light on SoftBank’s plans for the plant in Lordstown.
Between 1,600 and 2,000 jobs are expected at the former General Motors Lordstown plant following its $375 million sale to SoftBank, a Trumbull County commissioner said Tuesday.
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...
15h
Cryptopolitan on MSNSoftBank’s $47B rally faces pause as charts signal overheated stock
SoftBank recently revealed plans to acquire a $2 billion (£1.5 billion) stake in Intel, driving the chipmaker’s shares up.
The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...
For the Trump administration, a recovery of the chipmaker’s manufacturing prowess would help win jobs and voters.
The US Department of Commerce on Tuesday said that it would hike steel and aluminum tariffs on more than 400 products ...
Intel's new CEO, SoftBank's $2B investment, and CHIPS Act support position Intel for growth. Read why INTC stock is a strong long-term buy.
5h
Benzinga on MSNWhite House Confirms Talks To Take 10% Intel Stake
Intel shares gained on Tuesday after the White House confirmed the Trump administration is negotiating a deal that could see ...
U.S. Commerce Secretary Howard Lutnick said Tuesday that Intel ( INTC, Financials) must hand the government an equity stake in return for CHIPS Act funding, shifting billions in subsidies into ...
When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with ...
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