Trump, Intel Agree to 10% U.S. Stake
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Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),
Intel Corp. (NASDAQ:INTC) is one of the best data center stocks to buy now. On August 19, SoftBank Group announced a $2 billion investment in Intel Corp.
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
Intel Corporation (NASDAQ:INTC) is one of the Trending AI Stocks on Wall Street. On August 20, Truist Securities analyst William Stein reiterated a Hold rating on the stock with a $21.00 price
SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while boosting its own chip ambitions.
MWL brings you our top picks of the week as Google stepped up AI in its new Pixel devices and Softbank snagged $2 billion in Intel stock.
The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has struggled to serve.
MaxSun is preparing to release its new Arc Pro B60 48GB graphics card: a new dual-GPU card with a total of 48GB of VRAM for AI workloads.
INTC pushes AI chips while HUBS embeds AI across its CRM, but which tech stock holds the stronger upside for 2025?