Trump, Intel Agree to 10% U.S. Stake
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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.
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 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
He reminded Trump and his team that the U.S. manufactures less than 12% of the world’s semiconductors today, a steep fall from 37% in 1990. Every advanced military system depends on cutting-edge chips. Every artificial intelligence platform requires processors. Even basic infrastructure relies on semiconductors.
Tech analyst Dan Ives says the AI boom is far from over, naming Microsoft, Nvidia, Tesla and others as winners, while Adobe and Intel risk falling behind.
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.
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.
INTC pushes AI chips while HUBS embeds AI across its CRM, but which tech stock holds the stronger upside for 2025?