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August 19, 2025
Intel INTC Stock Price: Intel (INTC) stock climbed 6% in premarket trading on Tuesday.
The gain followed news that Japan’s SoftBank Group is investing $2 billion in the U.S. chipmaker.
Under the agreement, SoftBank will purchase shares at $23 each. That’s just under Monday’s closing price of $23.66, according to the companies.
“This investment underscores our confidence in the future of advanced semiconductor manufacturing in the United States,” said SoftBank CEO Masayoshi Son.
“We see Intel as a central player in that growth.” Last December, Son revealed plans to pour roughly $100 billion into the U.S. in partnership with President-elect Donald Trump.
Bloomberg reported last week that the Trump administration had opened talks about taking a stake in Intel.
A follow-up report yesterday said the U.S. was considering converting part or all of the company’s CHIPS and Science Act grants into equity, giving it roughly a 10% share.
That would make the government Intel’s largest investor. The White House has yet to issue a response.
Intel’s second-quarter sales came in stronger than analysts had predicted last month. But the company still posted an unexpected adjusted loss.
In a memo to employees, CEO Lip-Bu Tan disclosed plans for layoffs. Even with those challenges, Intel's stock was up 18% for the year as of Tuesday.
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