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Intel will receive a $2 billion lifeline from SoftBank

Intel will receive a $2 billion lifeline from SoftBank

SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of workers. In an announcement, SoftBank CEO Masayoshi Son said the investment aligns with the firm’s belief that “advanced semiconductor manufacturing and supply will further expand in the United States.” SoftBank’s investment in Intel makes it […]

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