SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...

The two companies said SoftBank's stake in Intel was a bet on the growing market for artificial intelligence, which Intel has ...

Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers ...

Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding ...

Below are major AI investments SoftBank has announced so far. On August 18, SoftBank announced a $2 billion equity investment ...

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.

Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, ...

SoftBank is piling into the generative AI gold rush following years of losses. In 2023, SoftBank reported net losses of 227 billion yen, or $1.46 billion, for the fiscal year ending in March.