Around 20 companies from Japan and the U.S. have expressed interest in projects related to Tokyo’s $550B investment package, including SoftBank (SFTBY), Westinghouse, GE Vernova (GEV), and Hitachi, Reuters reports. The $550B investment package will include equity, loans and loan guarantees from state-owned agencies.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFTBY:
- SoftBank approved installment of $22.5B investment in OpenAI, Reuters says
- SoftBank Finalizes $30 Billion Investment in OpenAI as Valuation Surges
- INTC Earnings: Intel Stock Jumps 6% on Strong Q3 Earnings Beat
- Here’s what Wall Street is saying about Intel ahead of earnings
- META Stock Unshaken as It Taps Arm to Revamp Setup, Boost AI for Its 3 Billion Users