Jefferies Asia's Atul Goyal argues SoftBank's tiny Intel stake limits exposure, while potential U.S. government backing could turn Masa's Intel bet into an advantage. For Intel, still struggling with its turnaround, the investment offers a rare vote of confidence and valuable time.
Intel's new CEO, Lip-Bu Tan, brings a strong turnaround track record and valuable industry connections, fueling optimism for major new deals. SoftBank's $2 billion investment is a significant vote of confidence, potentially opening doors for further business with SoftBank's portfolio companies and AI infrastructure projects. U.S. government backing through the CHIPS Act and possible future equity stake could drive more hyperscaler and tech company partnerships with Intel.
SoftBank plans to put $2 billion into Intel as the US government weighs taking a 10% stake in the company without seeking a governance role. Bloomberg's Peter Elstrom discusses the details with Caroline Hyde on “Bloomberg Tech.
Bloomberg Intelligence's Kunjan Sobhani says the government taking a stake in Intel would not be a good outcome for shareholders. He discusses the possible deal with Caroline Hyde on “Bloomberg Tech.
More investment can't solve Intel's main problem: It doesn't have enough customers.
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. The companies say the new arrangement, announced Monday (Aug. 18), represents a commitment to investing in advanced technology and semiconductor innovation in the U.S.
Jeff Kilburg, KKM Financial CEO, joins 'The Exchange' to discuss stock plays for 3 laggard names.
U.S. equities were mixed at midday as the market weighed more corporate earnings reports and news from the chip sector. The Dow Jones Industrial Average was up, while the S&P 500 and Nasdaq fell.
Top Trump officials confirmed reports that the White House is considering taking a stake in Intel. If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips.
Key Points in This Article: Intel's (INTC) stock is gaining traction due to a potential 10% U.S.
Commerce Secretary Howard Lutnick told CNBC that the U.S. government must receive an equity stake in Intel in exchange for CHIPS Act funds. The potential deal would convert the grants into equity and wouldn't come with governance rights in Intel, Lutnick said.
Recently, Zacks.com users have been paying close attention to Intel (INTC). This makes it worthwhile to examine what the stock has in store.