SoftBank to pump $2 bn in Intel, but is it enough to ‘move the dial’ for troubled US chipmaker?

SoftBank to pump $2 bn in Intel, but is it enough to ‘move the dial’ for troubled US chipmaker?

SoftBank is investing $2 billion in Intel, becoming a top-10 stakeholder in the struggling US chipmaker. The move highlights SoftBank’s push into AI and semiconductors, as Intel faces mounting pressure from rivals and possible US government involvement.

Softbank and Intel logos appear in this illustration. Reuters