Breaking News and Headlines
Break'n News

Intel shares jump as Softbank to buy $2bn stake in chip giant

Source: BBC

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker.The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares.The potential deal, which was first reported last week, aims to help Intel build a flagship…

This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.

Read the original source at BBC