Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Wajeeh Khan

SoftBank Is Betting $2 Billion on Intel. Should You Buy INTC Stock Here?

Intel (INTC) stock soared over 10% on Tuesday after the Japanese conglomerate Softbank (SFTBY) announced a $2 billion investment (about a 2% stake) in the multinational chip manufacturer.

Investors are running into INTC this morning also on President Donald Trump’s administration’s plans of taking a 10% stake in the beleaguered semiconductor firm as well. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.