
What a difference a few days makes. After reports indicated that the US government was in talks to take a stake in Intel late last week, a new Bloomberg report says the Trump administration is eyeing up a hefty 10% stake in the chipmaker—while Japanese investment giant Softbank has announced it's buying a $2 billion stake of its own.
The announcement was revealed on Intel's own newsroom page, confirming that Softbank had signed a "definitive securities purchase agreement" to make a $2 billion investment in Intel common stock.