SoftBank Group said it will invest $2 billion in Intel Corp., purchasing newly issued common stock at $23 a share. The deal, announced late Monday in the United States, gives the Japanese technology investor roughly a 2 % stake in the chipmaker through a primary equity issuance. The purchase will make SoftBank a top-10, and likely sixth-largest, Intel shareholder, according to LSEG data. SoftBank will not seek a board seat or commit to buying Intel chips, a person familiar with the terms told Reuters. Intel’s shares jumped 5.6 % in after-hours trading, while SoftBank fell more than 5 % in Tokyo. The cash infusion offers a lift to Intel’s turnaround efforts after the company posted a $18.8 billion loss in 2024 and lost ground in artificial-intelligence semiconductors to rivals such as Nvidia. SoftBank Chief Executive Masayoshi Son said the investment reflects confidence that advanced semiconductor manufacturing will expand in the United States with Intel “playing a critical role.” The agreement comes days after reports that the U.S. government is weighing a separate purchase of up to 10 % of Intel and follows other large SoftBank commitments in the United States, including the $500 billion Stargate AI-data-center project.