Intel Partners with SoftBank to Develop Next-Generation Memory Technology
ByAinvest
Friday, Feb 6, 2026 5:59 pm ET1min read
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Intel is partnering with SoftBank for commercialization of Z-Angle memory, a next-generation technology, set to launch in fiscal 2029. The company is also building graphics processing units to compete with Nvidia and AMD. With AI driving demand and a positive growth outlook, Intel's rally of 152% in the last 52 weeks is likely to sustain. The company ended FY25 with a cash buffer of $37.4 billion, providing high financial flexibility for investments.
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