A lifeline for Intel: the company gets $2 billion equity investment amidst financial problems

After closing 2024 with losses of $18.8 billion , Intel is getting a capital injection after the Japanese SoftBank and the chipmaker signed an agreement that will guarantee $2 billion investment in Intel’s common stock. The investment comes as a ‘lifeline’ for the chip manufacturer, which has faced problems keeping up with manufacturers like TSMC.
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