Intel shares jump as Softbank to buy $2bn stake in chip giant
Intel shares jump as Softbank to buy $2bn stake in chip giant The BBC has contacted the White House and Intel for comment. The potential deal , which was first reported last week, aims to help Intel build a flagship manufacturing hub in Ohio. At the time, a White House spokesman told the BBC that the reports "should be regarded as speculation" unless officially announced. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10%