SoftBank subsidiary to work with Intel on next-gen memory for AI [MSNBC.com]
SOFTBANK GRP UNSP/ADR (SFTBY)
NASDAQ:AMEX Investor Relations:
softbank.jp/en/corp/irinfo/presentations
Company Research
Source: MSNBC.com
In this articleSaimemory, a subsidiary of multinational investment giantSoftBankIntel Corp.The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as the "Z-Angle Memory program," or ZAM.Prototypes are expected by the fiscal year ending March 31, 2028, with commercialization targeted for fiscal 2029, according to a SoftBankpress releaseShares of SoftBank rose 3.13%, while Intel stock rose 5% in overnight trading on Robinhood following the announcement.Stock Chart IconStock chart iconSaimemory, established in December 2024, will draw on memory technology and expertise from Intel, particularly from initiatives it undertook as part of the U.S. Department of 's Advanced Memory Technology program.The program focused on developing core technologies for advanced memory. Intel's involvement specifically targeted improvements in performance and power efficiency f
Show less
Read more
Impact Snapshot
Event Time:
SFTBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SFTBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SFTBY alerts
High impacting SOFTBANK GRP UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SFTBY
News
- Intel Rallies on AI Memory Deal With SoftBank Subsidiary [Yahoo! Finance]Yahoo! Finance
- Why Intel Jumped 26% in January [Yahoo! Finance]Yahoo! Finance
- Intel rises as chip giant set to work with SoftBank subsidiary on AI memory [Seeking Alpha]Seeking Alpha
- UPS' Latest Update Is Shocking: Here's What It Means for Investors [Yahoo! Finance]Yahoo! Finance
- Nvidia is Poised to Make "The Largest Investment We've Ever Made." Here's What It Means for Investors [Yahoo! Finance]Yahoo! Finance