Lip-Bu Tan, main enforcement serviceman of Intel Corp., departs pursuing a gathering astatine the White House successful Washington, DC, US, connected Monday, Aug. 11, 2025.
Alex Wroblewski | Bloomberg | Getty Images
Intel and SoftBank announced connected Monday that the Japanese concern elephantine volition marque a $2 cardinal concern successful Intel, the embattled chipmaker.
SoftBank volition wage $23 per stock for Intel's communal stock. Intel shares roseate 4% successful extended trading.
Intel shares mislaid 60% of their worth past year, their worst show successful the company's much than half-century connected the nationalist market. The banal is up 18% successful 2025 arsenic of Monday's close.
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