SoftBank Group has agreed to invest $2 billion in Intel through the purchase of common stock at $23 per share, the companies announced Monday after markets closed. The deal underscores both companies’ commitment to advancing semiconductor innovation in the United States and comes amid the Trump administration’s reported interest in taking a 10 percent stake in the legacy chipmaker.
In a statement, SoftBank Chairman and CEO Masayoshi Son said the move reflects confidence in Intel’s role in expanding U.S. semiconductor manufacturing, calling chips “the foundation of every industry.” The investment is part of SoftBank’s broader vision of enabling the AI revolution and accelerating access to advanced digital infrastructure.
Intel CEO Lip-Bu Tan welcomed the investment, noting his decades-long relationship with Son and highlighting shared priorities in U.S. technology and manufacturing leadership.