SoftBank announced plans to acquire up to $2 billion in Intel common stock at $23 per share. The Japanese investment giant will purchase approximately 86.956 million shares, securing a position among Intel's top ten shareholders. Intel's stock closed regular trading at $23.66 before rising five percent during after-hours sessions. The investment reflects SoftBank's confidence in American semiconductor manufacturing expansion.
The Trump administration is considering a simultaneous purchase of a ten percent stake in Intel through converted CHIPS Act funding. Intel previously received $7.9 billion in grants and access to $11 billion in loans under the federal initiative. The Pentagon's Secure Enclave program provides an additional $3 billion. Converting existing grants to equity would require approximately $2.1 billion in new government investment for the ten percent position. Intel's current market capitalization stands near $103 billion, with shares gaining nearly twenty percent over five trading days.
The Trump administration is considering a simultaneous purchase of a ten percent stake in Intel through converted CHIPS Act funding. Intel previously received $7.9 billion in grants and access to $11 billion in loans under the federal initiative. The Pentagon's Secure Enclave program provides an additional $3 billion. Converting existing grants to equity would require approximately $2.1 billion in new government investment for the ten percent position. Intel's current market capitalization stands near $103 billion, with shares gaining nearly twenty percent over five trading days.
