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SoftBank's Son Backs Tan With $2 Billion Intel Investment
Business Standard
|August 20, 2025
Son's ambitious plans SoftBank's growing bets on AI and semiconductor assets
When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how Masayoshi Son's conglomerate could strengthen its business.
Three years later, a resurgent SoftBank has made a show of support by taking a $2 billion stake in Intel as Tan, now the storied American company's CEO, seeks to turn around the embattled chipmaker.
Tan took Intel's top job in March and is driving restructuring at the company. The equity investment, announced by the companies on Monday, is a lifeline for the once-iconic US firm which has struggled to compete after years of management blunders that left it with virtually no foothold in the booming artificial intelligence chip industry.
This story is from the August 20, 2025 edition of Business Standard.
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