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<\/div>\nIntel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (\u00a31.5bn) stake in the US computer chip maker.<\/p>\n
The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares.<\/p>\n
The potential deal, which was first reported last week, aims to help Intel build a flagship manufacturing hub in Ohio. At the time, a White House spokesman told the BBC that the reports “should be regarded as speculation” unless officially announced.<\/p>\n
The BBC has contacted the White House and Intel for comment.<\/p>\n<\/div>\n
Under the deal announced on Monday, Softbank will pay $23 per share in Intel.<\/p>\n
“The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor innovation in the United States,” the two companies said in a joint statement.<\/p>\n
Last week, US President Donald Trump and members of his cabinet met Intel chief executive Lip-Bu Tan.<\/p>\n
The meeting came just days after Trump called for Mr Tan to resign, accusing him of being “highly conflicted” due to his earlier ties to China.<\/p>\n
The developments came as the US chip industry is under intense scrutiny by the White House.<\/p>\n
Last week, Nvidia and AMD agreed to pay the US government 15% of their Chinese revenues as part of an unprecedented deal to secure export licences to China.<\/p>\n<\/div>\n
Published at Tue, 19 Aug 2025 00:39:45 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"
Intel shares jump as Softbank to buy $2bn stake in chip giant Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (\u00a31.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake… Continue reading Intel shares jump as Softbank to buy $2bn stake in chip giant<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/3805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/comments?post=3805"}],"version-history":[{"count":0,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/3805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media\/3804"}],"wp:attachment":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media?parent=3805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/categories?post=3805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/tags?post=3805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}