A $2 billion stake in Intel by Japanese technology investor Softbank has been confirmed, leading to a surge in Intel shares. This announcement coincides with reports that the Trump administration is considering purchasing approximately 10% of Intel by converting government grants into shares to aid in building a manufacturing hub in Ohio. Softbank's investment underscores both companies' commitment to advancing semiconductor technology innovation in the United States. Concurrently, scrutiny from the White House is mounting on the U.S. chip industry, following a deal involving Nvidia and AMD requiring them to pay 15% of their Chinese revenues.
Under the deal announced on Monday, Softbank will pay $23 per share in Intel, which represents a significant commitment to the semiconductor sector.
The potential deal involving a 10% stake by the Trump administration aims to assist Intel in establishing a major manufacturing hub in Ohio.
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