SILICON VALLEY -- SoftBank Group announced on Monday it will invest $2 billion (296 billion yen) in Intel, in a move that complements both U.S. efforts to produce chips locally and the Japanese company's attempts to leverage its investments in the chip sector.
Technology
SoftBank doubles down on chip investment with $2bn Intel stake
Deal highlights close friendship between SoftBank CEO Son and Intel's Tan
SoftBank Group's announced investment in Intel comes as the Japanese investment company's CEO Masayoshi Son continues to work his expansive network of global contacts. (Source photos by Reuters and Mayumi Tsumita)
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