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What SoftBank, Government Investments Could Mean for Intel’s Business—and Stock

What SoftBank, Government Investments Could Mean for Intel’s Business—and Stock

Key Takeaways Intel on Monday said Japanese investment giant SoftBank had agreed to buy $2 billion of the chipmaker’s stock, boosting hope on Wall Street that the Trump administration and allies will throw the beleaguered chipmaker a lifeline. Tech analyst Patrick Moorhead said the SoftBank deal may pave the way for more deals with potential foundry customers, and could signal …

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