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SoftBank Group has announced a $2 billion (€1.7bn) investment in Intel, expanding its push into U.S. semiconductor and advanced technology sectors. The move comes as SoftBank increases its U.S. footprint under President Donald Trump’s second term. Intel shares rose 5.4% in pre-market trading, while SoftBank’s dropped 4% in Tokyo. Reports also suggest Trump may consider a U.S. government stake in Intel. Earlier this year, SoftBank’s Masayoshi Son joined Trump and tech leaders in unveiling the $500 billion AI project “Stargate.”
Tuesday, 19 August, 2025