SoftBank based on Japan has signed an investment agreement in an investment of $ 2 billion in US semiconductor manufacturer Intel.
Under the agreement, SoftBank will pay 23 dollars per shares to Intel's usual stocks.
SoftBank's agreement has been signed to make an Intel's investment agreement in regular stocks, SoftBank's investment in Intel is based on a long -term vision to allow the artificial intelligence revolution by speeding up access to advanced technologies to support cloud awareness and new generation infrastructure. Masayoshi Son, a leading director of SoftBank Group (CEO), said that the production and purchase of advanced semiconductor will expand in the United States and Intel will play an important role in this process. The leading manager of Intel (CEO) Lip-This Tan also expressed his satisfaction with the deep relationship with SoftBank, who pioneered in many fields of technology development and innovation and technology sharing and production leadership in the United States.