News

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

Intel Stock Could Keep Soaring as Deals Boost Confidence

Softbank owns a majority stake in Arm. Arm-based chips dominate the smartphone market, and they're starting to compete with Intel in PCs and servers as well. Arm doesn't sell chips directly, instead ...
CNBCTV182d

Intel shares see a sudden 5% spike in extended trading; Here's why

The move is part of SoftBank's investing initiatives in the US, which also includes commitments towards AI computing. Intel, ...

With Intel's SoftBank Deal Fueling Competition Fears, AMD Stock Slides Despite Bullish AI Outlook

Shares of AMD are continuing their slide Wednesday morning. Chip stocks fell Tuesday after SoftBank announced a $2 billion ...

Intel stock surges 10% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...