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Benzinga
Benzinga
Business
Ananya Gairola

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

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Intel Corporation (NASDAQ:INTC) shares tumbled on Wednesday as the struggling chipmaker reportedly searches for more investors after a $2 billion capital injection from SoftBank Group (OTC:SFTBF) (OTC:SFTBY), while the Donald Trump administration considers taking a direct stake in the company.

Intel Exploring More Equity After Softbank Deal

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