Intel secures $2bn lifeline from Japan’s SoftBank | Intel

Softbank agreed to invest in 2 billion dollars ($ 1.5 billion) in Intel, who states that Donald Trump’s management is thinking of getting a share in the struggling US chip maker.

The Japanese technology investor announced the Multibillion Dollar Agreement on Tuesday and a movement that is expected to give 2% shares.

Softbank General Manager and President Masayoshi described his son Intel as a kişi reliable leader in innovation ”.

“This strategic investment reflects our belief that Intel will play a critical role and that its advanced semiconductor production and supply in the US will expand further,” he said.

The stocks in Chip Maker listed in New York rose by more than 5% in post -overtime transactions, while the Softbank shares listed with Tokyo fell approximately 4%. Intel has more than $ 100 billion.

It comes in reports that the US government intends to receive a share in Intel. It can be as high as 10%compared to Bloomberg.

Lip-this, an industrial veteran who took the highest job in Intel just four months ago, was assigned to a major return project in the business world. The company suffered from slow sales and continuous losses because it has been struggling to maintain its technological advantage in recent years.

On Tuesday, Intel said, “He is very pleased to deepen our relationship with Softbank, a company that is at the forefront of many fields of developing technology and innovation and shares our commitment to develop US technology and production leadership”. “He worked closely together [with Son] He added for decades.

Donald Trump initially called Tan’s resignation and accused him of connecting with the Chinese Communist Party. However, after he met Tan in Washington last week, President Intel praised his Patros, saying that he was a “incredible story”.

If the US government receives 10% of the work, it may exceed Vanguard, asset manager as Chip Makers’ greatest shareholder. It will mark the attempt to intervene in an area of the private sector, which the Trump administration evaluates nationally strategically.

Trump previously threatened to apply tariffs up to 100% of the imported semiconductor and chips, which may prefer Intel as a US -based semiconductor job.

At the beginning of this month, the US government announced an agreement that would lead to 15% of chip makers such as Nvidia and Advanced Micro Devices (AMD) to pay 15% to the US government from Chinese chip sales. In July, the Ministry of Defense also announced that it will receive a share of $ 400 million in the US rare world manufacturer deputy materials.

While the Intel investment for Softbank expands its presence in the US, the Japanese government pushes Trump to reduce tariffs in exchange for investment in the American economy.

The Japanese company committed to increasing its presence in the US last year, and Trump announced in December that Softbank would pour 100 billion dollars into the US economy in the next four years.