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Benzinga
Benzinga
Business
Adam Eckert

Intel Stock Is Rising Tuesday: Here's Why

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Intel

Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.

What To Know: Late Monday, SoftBank and Intel announced that they signed a definitive securities purchase agreement that involves a $2 billion common stock investment from SoftBank as the companies aim to deepen their commitments to investing in the U.S.

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