SoftBank Invests $2 Billion in Intel to Boost AI Advancements

Technology giant SoftBank has invested $2 billion in Intel, marking a significant step towards bolstering the company’s presence within both the semiconductor and artificial intelligence industries. This strategic move positions SoftBank as Intel’s fifth-largest shareholder, signaling increased commitment to US tech infrastructure. The investment highlights SoftBank’s alignment with major US technological initiatives, particularly those focused on AI and semiconductor expansion, reflected in a 6% surge in Intel’s stock price following the announcement.