Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...

The Apple product manufacturer sold the Lordstown, Ohio, facility to the Japan-based conglomerate for $375 million.

The deal coincides with unconfirmed reports that the Trump administration is considering a minority government stake in the ...

Foxconn finally revealed the buyer for its Lordstown, Ohio facility: SoftBank. The facility, which was designed for electric ...

Japanese tech investor SoftBank Group Corp. plans to acquire a $2 billion stake in American chipmaker Intel Corp.

Intel shares rose after SoftBank Group announced a $2 billion equity investment, while reports suggest the Trump ...

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

The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...

SoftBank Group is buying a US$2 billion equity stake in Intel, a move that will make it a top-10 shareholder and provide a ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

For the Trump administration, a recovery of the chipmaker’s manufacturing prowess would help win jobs and voters.

Intel and SoftBank said Monday that the Japanese conglomerate will invest $2 billion in the struggling U.S. chipmaker.