Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025.
Alex Wroblewski | Bloomberg | Getty Images
Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment the embattled chipmaker Intel.
SoftBank will pay $23 per share for Intel’s common stock. Intel shares rose 4% in extended trading.
The investment is a vote of confidence in Intel, which has not been able to take advantage of the AI boom in advanced semiconductors.
Intel shares lost 60% of their value last year, their worst performance in the company’s more than half-century on the public market. The stock is up 18% in 2025 as of Monday’s close.
In recent days, Intel has been a topic of discussion in Washington, as the company is seen as a critical supplier because it is the only American company capable of manufacturing the most advanced chips.
Last week, Intel CEO Lip-Bu Tan met with President Donald Trump after the president had called for Tan’s resignation.
“This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role,” SoftBank CEO Masayoshi Son said in a statement.
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