Intel shares jumped after Japanese investor SoftBank announced a $2bn stake, paying $23 per share, BBC reported.

Reports suggest the Trump administration may also take a roughly 10 percent stake to support a new Ohio manufacturing hub.

The investments highlight efforts to strengthen US chip production, reduce dependence on Asia, and secure the supply chain.

According to BBC, analysts see SoftBank’s move as confidence in Intel’s turnaround, while experts caution about increased government involvement in private firms.