Intel Announces $2 Billion SoftBank Investment. Stock Jumps.
Intel stock rallied Monday after the company announced that SoftBank is making a $2 billion investment in the struggling chipmaker. Intel (INTC) jumped more than 5% in extended trading, after shedding nearly 4% in regular trading. Intel Stock: What It Means For Investors "Would Intel get anything else besides money in return for equity?" he said in a client note. "Besides money, Intel needs customers. Is it conceivable that as part of something like this the administration might 'encourage' customers to use ...