Intel getting $3 billion lifeline from SoftBank
Intel receives capital injection of $ 2 billion ($ A3.1 billion) from the Softbank Group and a great increase in confidence for the problematic US chipset in the midst of its return effort.
The Özkaynak investment, which was announced by two companies on Monday, is a life line once for the US chipset producers who struggled to compete after years of management plans that have not left without any basis in the exploding artificial intelligence chip industry.
The agreement reports that after a meeting between the US government, the new CEO Lip-Bu Tan and President Donald Trump last week, after a meeting of the President’s request for the resignation of Tan on his vineyards with Chinese companies, Intel.
Softbank’s decision to invest in Intel is not linked to Trump in a person who knows the issue to Reuters. The White House did not respond immediately to the request for comments.
Investment will make Softbank’s top 10 shareholders of Intel and will add the Japanese technology investor to the AI’s ambitious bet, including the US $ 500 billion (A771 billion) Stargate US Data Center project.
“This strategic investment plays a critical role in the United States by playing a critical role in the United States,” Masayoshi Son, Softbank CEO reflects our belief that the developed semiconductor production and supply will expand in the United States. ” He said.
Intel will pay $ 23 (A35) per share for the name of the name. According to LSEG data, SoftBank will be the sixth largest investor in Intel.
An Intel spokesman said that Softbank’s investment will come by Intel with the export of primary stocks, and that the US company will represent a stock share slightly below two percent based on the market value at the closing of the transaction.
Following the announcement of Softbank’s shares, it decreases by more than five percent on Tuesday, while Intel increases by 5.6 percent in post -market hours.
The Japanese company will only receive a stock in Intel and familiar with the issue, neither will seek a board of directors’ seat nor Intel will commit to buying chips, he said.
Intel fought financially and recorded an annual US $ 18.8 billion (29.0 billion dollars) in 2024, the first loss in 1986.
Bloomberg News reported that the US government was in negotiations that would take 10 percent of the US government in the early hours of Monday.
Softbank refused to give more details about Intel investment when he was asked to comment by Reuters.
Intel Financing, the Japanese company’s Mamut Investments in 2025, Chatgpt producer Openai’ye 30 billion dollars ($ 46 billion) to commit and leading to financing for Stargate is the latest financing.
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