>Japan’s SoftBank has agreed to invest $2bn in Intel, supporting the troubled US chipmaker as the Trump administration considers its own investment in the company.
>SoftBank had agreed to buy $2bn worth of Intel common stock directly from the company, paying $23 a share, with the transaction subject to the usual closing conditions, Intel said in a statement.
>The investment would amount to about a 2% stake in Intel.
Is this another demand Trump made to SoftBank after the Stargate investment plan encountered obstacles?
Does this count as part of the tariff trade term?
Considering their investment acumen, this is the death knell for Intel.
A lot of grandmas must’ve died for this investment to go through.
Masayoshi Son has really lost his edge in recent years as if he were on top of his game he would have invested heavily in AMD when it was about to overtake Intel 8 years ago now they are investing in floundering intel that might never get their chip making profitable again.
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SoftBank down in Nikkei
>Japan’s SoftBank has agreed to invest $2bn in Intel, supporting the troubled US chipmaker as the Trump administration considers its own investment in the company.
>SoftBank had agreed to buy $2bn worth of Intel common stock directly from the company, paying $23 a share, with the transaction subject to the usual closing conditions, Intel said in a statement.
>The investment would amount to about a 2% stake in Intel.
Is this another demand Trump made to SoftBank after the Stargate investment plan encountered obstacles?
Does this count as part of the tariff trade term?
Considering their investment acumen, this is the death knell for Intel.
A lot of grandmas must’ve died for this investment to go through.
Masayoshi Son has really lost his edge in recent years as if he were on top of his game he would have invested heavily in AMD when it was about to overtake Intel 8 years ago now they are investing in floundering intel that might never get their chip making profitable again.
Great now Intel is certainly goibng to tank.
This is your sign to short Intel.