New Delhi, Aug. 20 -- Having fallen behind in the AI chip race, might Intel be poised for a comeback? Big money is flowing in. On Tuesday, Japan's SoftBank announced a $2 billion investment in the American chipmaker. Separately, the US government is reportedly eyeing a 10% stake worth $10 billion in the company.

Also Read: Are Silicon Valley CEOs of Indian origin at risk of facing what Intel's boss is?

This underscores the importance the White House is placing on the growth of this strategic sector. SoftBank's investment may be partly due to Japanese efforts to invest more in the US as the country negotiates lower tariffs. But it also serves as a vote of confidence in Intel's prospects.

Also Read: Bide your time: China's playing a long...