SoftBank is investing $2 billion in Intel at $23 per share, signaling confidence in an artificial intelligence (AI) turnaround. Will it be what Intel needs?

Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),

Intel rises following an announcement that SoftBank would invest $2 billion in the chip maker, and Home Depot trades higher after posting quarterly earnings.

The stock rose more than 6% trading after Japan's SoftBank (JP:9984) agreed to invest $2 billion in the st

Fedspeak is on the rise ahead of the bank's Jackson Hole summit

Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.

The stock rose 6% in premarket trading after Japan's SoftBank (JP:9984) agreed to invest $2 billion in the

The development is part of a commitment from both sides to invest in advanced technology and semiconductor innovation in the U.S.