SoftBank Group Corp. and Intel Corporation have signed a definitive securities purchase agreement for a $2 billion investment in Intel common stock.
The investment aims to fuel U.S. semiconductor innovation and the AI revolution, emphasizing advanced technology and semiconductor manufacturing.
Both companies express commitment to advancing technology and manufacturing leadership in the United States.
Investment Details
SoftBank will pay $23 per share of Intel common stock in the transaction.
Strategic Vision
The investment is part of SoftBank's vision to accelerate access to advanced technologies supporting digital transformation and cloud computing.
Long-Term Partnership
The agreement deepens the relationship between SoftBank and Intel, reflecting mutual commitment to advancing U.S. technology.
- The investment signals confidence in Intel's role as a leader in semiconductor innovation and technology advancement.
- Both companies believe that expanding semiconductor manufacturing in the U.S. is crucial for the development of advanced technologies.
The $2 billion investment agreement between SoftBank and Intel underscores the importance of semiconductor innovation and technology collaboration in the U.S. market, paving the way for future advancements in AI and digital transformation.