SoftBank Group is buying a $2 billion equity stake in Intel, a move that will make it a top-10 shareholder and provide a powerful ally to the struggling U.S. chipmaker. The investment, announced on Monday,

The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor innovation in the United States. Masayoshi Son, Chair

SoftBank agreed to acquire $2 billion worth of stock in beleaguered chipmaker Intel as the Japanese conglomerate continues to deepen its investment in the U.S.