Tech stocks slide amid investor caution, Intel in talks to raise capital, Hertz partners with Amazon Autos

Intel is in talks with investors to raise fresh capital through a discounted equity infusion, following a $2 billion investment from SoftBank. Hertz Global shares jumped over 5% after partnering with Amazon Autos to sell used vehicles. Palantir, Nvidia, and AMD traded lower amid a broader tech-sector selloff. Guess? will go private in a deal with Authentic Brands, valuing it at $1.4 billion. Estee Lauder's fiscal year 2026 outlook fell short of expectations. TJX Companies beat Q2 expectations and raised its full-year outlook. OptiBiotix Health signed a distribution agreement with a direct-selling weight management brand.

Title: Intel Seeks Further Capital Infusion After SoftBank Investment

Intel is in talks with other large investors to secure an equity infusion at a discounted price, following a $2 billion investment from SoftBank. This move comes as the chipmaker aims to raise fresh capital to support its turnaround efforts and bolster its position in the competitive semiconductor market. The equity infusion is part of Intel's broader strategy to stabilize its financial situation and regain market share.

The latest development follows a series of challenges Intel has faced, including a significant annual loss of $18.8 billion in 2024 and a struggle to compete in the booming artificial intelligence chip industry. The company has been seeking new partnerships and investments to drive growth and innovation.

SoftBank's $2 billion investment, announced on Monday, has provided a significant boost to Intel's financial position. However, the investment is not expected to be the game-changer Intel needs to fully turn around its fortunes. Analysts suggest that the deal is more about maintaining SoftBank's relationship with the U.S. government and President Donald Trump.

Intel's CEO, Lip-Bu Tan, has been actively seeking new funding sources to support the company's turnaround. The company is also in talks with the U.S. government about a potential equity stake, which could provide additional capital. However, there is uncertainty about the size and timing of any government investment.

The broader tech sector has been facing a selloff, with shares of companies like Palantir, Nvidia, and AMD trading lower. Despite these challenges, Intel's latest efforts to secure additional capital could be a positive sign for the company's future prospects.

References:
1. [1] https://www.reuters.com/business/media-telecom/intel-gets-2-billion-lifeline-form-softbank-equity-investment-2025-08-19/
2. [2] https://www.cnbc.com/2025/08/20/intel-investors-equity-softbank-trump.html
3. [3] https://www.qatar-tribune.com/article/190363/business/intel-gets-2-bn-lifeline-in-form-of-softbank-equity-investment