SoftBank to invest 2 billion dollars in Intel

Japan's SoftBank company has agreed to invest 2 billion US dollars in Intel Corporation. This was reported by Zamin.uz.

According to the agreement, common shares will be purchased at 23 dollars each. This was reported by TechCrunch.

After the market closed, following the announcement of this news, Intel's stock price immediately rose by more than 5 percent. According to calculations, 2 billion dollars is approximately equal to 25 trillion soms, with each share valued at around 288 thousand soms.

SoftBank CEO Masayoshi Son emphasized the importance of expanding advanced chip manufacturing in the US and stated that Intel will play a key role in this process. The company recently acquired a factory located in Ohio and is advancing plans to build artificial intelligence data centers.

This indicates SoftBank's growing interest in the US chip industry. Additionally, Intel is being reorganized under the leadership of new CEO Lip-Bu Tan.

The company has closed its auto architecture division and announced plans to reduce 15-20 percent of jobs in the Foundry division. There are also reports that former US President Donald Trump demanded Lip-Bu Tan's resignation, and the administration is discussing opportunities to acquire shares in the company.

Furthermore, there is a risk of new tariffs being imposed on imported chips.