UPDATE - Intel shares jump after SoftBank's $2B investment
Chip producer's stock surges more than 7.3% as of 1635GMT
CHANGES FIGURES IN DECK, 2ND SENTENCE
By Mucahithan Avcioglu and Gokhan Ergocun
ISTANBUL (AA) – Shares of US-based semiconductor producer Intel jumped after a $2 billion investment deal with Japanese SoftBank.
The price increased more than 7.3% as of 1635GMT, after closing at $23.66 on Monday with a decline of 3.66%.
SoftBank said Tuesday it signed an investment agreement with Intel, and would be buying $2 billion shares at $23 apiece.
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