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The Guardian - UK

Technology

Lauren Almeida

Intel secures $2bn lifeline from Japan’s SoftBank

Intel Corporation SoftBank Donald Trump United States LipBu Tan Masayoshi Son

Intel has suffered from slow sales and continued losses as it has struggled to maintain its technological edge. Photograph: Daniel Chetroni/Alamy

SoftBank has agreed to invest $2bn (£1.5bn) in Intel, amid reports that Donald Trump’s administration is also considering a stake in the struggling US chip maker.

The Japanese technology investor announced the multibillion-dollar deal on Tuesday, in a move expected to give it a 2% stake in the business.

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