<div id="readability-page-1">Intel (INTC) shares are surging 6% in premarket trading Tuesday on news that Japan's SoftBank Group is making a $2 billion investment in the struggling U.S. chipmaker. SoftBank will pay $23 for each Intel share, a slight discount to Monday's closing price of $23.66, the companies announced. &#34;This strategic investment reflects our belief that advanc...</div>

INTC

<p>Intel shares rose 6% in premarket trading following SoftBank Group's announcement of a $2 billion investment in the chipmaker. SoftBank will purchase Intel shares at $23 each, slightly below Monday's closing price of $23.66. This investment is seen as a strategic move to support Intel's recovery.</p>

- Intel (INTC) shares rose 6% in premarket trading following SoftBank Group's announcement of a $2 billion investment in the company.  
- SoftBank will acquire Intel shares at $23 each, which is a slight discount from Monday's closing price of $23.66.  
- This strategic investment indicates SoftBank's confidence in Intel's potential for advancement in the semiconductor industry.  

Intel Stock Jumps as SoftBank Invests $2B in Struggling Chipmaker