TradingKey – Masayoshi Son is betting on the recovery of Intel (INTC) with a sizable investment.

According to SoftBank’s 13F filing, as of June 30, 2026, Intel accounted for approximately 66.81% of SoftBank’s disclosed U.S. stock portfolio, with 86,956,522 shares held and a market value exceeding $12 billion. It has completely surpassed Symbotic (about 9.85%) and T-Mobile US (about 9.23%) to become SoftBank’s largest U.S. stock holding.

Notably, SoftBank did not begin its position after Intel’s stock price surged. Intel previously disclosed to the SEC that it issued approximately 86.96 million shares to SoftBank at $23 per share in September 2025, for a total transaction value of $2 billion.

As of August 18, Intel’s stock price closed at…