CONNECT WITH US

SoftBank's US$2 billion investment seen as symbolic; tapping TSMC veterans key to turnaround

Monica Chen, Hsinchu; Charlene Chen, DIGITIMES Asia 0

Credit: DIGITIMES

SoftBank announced a US$2 billion investment in Intel, acquiring a 2% stake. The market views this move as a potential lifeline for the struggling chipmaker. However, foundry industry insiders suggest that more major players will soon follow suit to...

The article requires paid subscription. Subscribe Now