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.

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,