Japanese company SoftBank agreed to invest $2 billion in Intel, with common shares purchased at $23 each, TechCrunch reported. The statement was released after the market closed, and Intel shares immediately rose by more than 5 percent. Calculation: $2 billion ≈ 25,094,760,000,000 soms, $23 per share ≈ 288,590 soms.
SoftBank chairman Masayoshi Son emphasized the expansion of advanced chip manufacturing in the US, with Intel playing a key role in this process. The group recently acquired a factory in Ohio and is advancing plans to build AI data centers. This step shows SoftBank's increased interest in the US chip industry.
Intel is restructuring under new CEO Lip-Bu Tan: the auto architecture division was closed, and a 15–20 percent reduction is planned in the Foundry division. It was reported that President Donald Trump demanded Tan's resignation, and the administration discussed taking a stake in the company; there were also new risks of tariffs on imported chips.
Read 'Zamin' on Telegram!
