Tue, 19 Aug 2025

Tue, 19 Aug 2025 Intel shares jump as Softbank to buy $2bn stake in chip giant

The announcement comes hours after reports that the White House is in talks over taking a 10% stake in Intel.
Intel's shares have surged after Softbank announced a $2 billion investment in the US tech giant, paying $23 per share. The move comes as Intel and Softbank deepen their commitment to advanced technology and semiconductor innovation in the US. This development follows reports of the Trump administration considering a 10% stake in Intel by converting government grants into shares to help build a manufacturing hub in Ohio. Analysts have described this potential deal as a lifeline for Intel, which has struggled against rival chip manufacturers like Samsung and TSMC. Softbank's investment is seen as a vote of confidence in Intel's turnaround, while the Trump administration's push for domestic production and reduced dependence on Asia signals its determination to ensure Intel succeeds.
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