India, Aug. 19 -- SoftBank Group Corp. and Intel Corp. announced their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock.

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, Chairman and CEO of SoftBank Group Corp., said: "Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role."

Lip-Bu Tan, CEO ...