SoftBank Stock Sinks 9% in Asia Tech Meltdown
SoftBank Group’s shares declined 9.17% on Wednesday amid a broader tech sell-off in Asia after U.S. stocks fell overnight. SoftBank’s stock fell for a second day after the company announced a $2 billion investment in Intel. Meanwhile, Intel shares rallied nearly 7% on Tuesday, closing at $25.31 in U.S. trading.
Intel Secures $2B From SoftBank in Strategic Move
SoftBank Group is set to pour US$2 billion into Intel, strengthening its U.S. investment drive and showing renewed faith in the struggling semiconductor giant. SoftBank will buy Intel shares at US$23 apiece under a deal aimed at deepening their commitment to U.S. chip innovation, the firms said Monday. Intel’s stock
SoftBank’s Mega $16 Billion Funding Plan To Expand In AI
In the latest turn of events, the CEO of Softbank, Masayoshi Son, is in talks to borrow $16 billion to expand its operations in the AI segment. Moreover, as per the information tech news, the bank might borrow another $8 billion at the beginning of 2026. Reuters also reported that
The Trump Effect! Softbank will invest $100 Bn in the US!
The newly elected president of the United States, Donald Trump, announced that Softbank will be investing $100 Bn into the future of America. According to Aljazeera, in a joint appearance with the CEO of Softbank Masayoshi Son, Donald Trump announced the investment plan to create 1,00,000 jobs focused on AI
