Intel launches $15 billion share sale as turnaround rally lifts stock
The offering follows a stock rally that has more than doubled Intel shares this year as it expands contract manufacturing and advanced packaging capacity.
- On Monday, Intel announced a $15 billion common stock offering to fund its chip contract manufacturing turnaround and meet skyrocketing demand for artificial intelligence compute.
- Seeking to challenge TSMC, Intel is investing in new facilities and advanced packaging while capitalizing on a stock rally that has seen shares more than double this year.
- JPMorgan Securities, Goldman Sachs, Morgan Stanley, and Citigroup Global Markets are managing the sale, which includes a 30-day option for underwriters to purchase up to $2.25 billion in additional shares.
- Intel shares fell more than 3% in premarket trading, reflecting investor concerns regarding potential shareholder dilution from the stock sale.
- Goldman estimates capital expenditures on artificial intelligence demand will reach $765 billion this year and $1.2 trillion in 2027, as tech giants continue scaling infrastructure.
101 Articles
101 Articles
Intel Stock Nearly Tripled on AI Hopes, Now Intel Is Raising $15 Billion
Intel shares have nearly tripled in 2026, and the chipmaker is cashing in while the window’s still open. It’s asking investors for $15 billion to build the capacity AI demand is already outpacing. That’s Intel’s first public stock sale since it went public in 1971. It says a lot about how urgent this moment feels. Here’s how Intel plans to turn today’s AI momentum into tomorrow’s chip supply. And here’s what it’s risking to pull it off. Why Inte…
Intel upsizes stock sale to $20B with spending plans still fuzzy
Intel stands to raise $20 billion from a public offering of common stock after increasing the deal from the $15 billion announced on Monday, although analysts disagree over what the chip giant wants the cash for. The Santa Clara biz initially announced a $15 billion offering before pricing the shares at $95 apiece and increasing the deal to $20 billion. Intel is offering 210,526,315 shares at a price understood to represent a 6.5 percent discoun…
Intel announced yesterday a capital increase that at first was set at $15 billion and that hours later the company itself decided to raise up to $20 billion, at a price of $95 per share. The movement arrives in full year of stock recovery for Intel, with the value almost ... Continue reading "Intel raises its capital increase to $20 billion so as not to be left behind in the race of the AI"
Exclusive: Lip-Bu Tan sought US blessing for Intel’s secondary offering
The ScoopWhen Intel CEO Lip-Bu Tan was getting ready last week to announce a $15 billion sale of stock, he called his biggest investor: US Commerce Secretary Howard Lutnick.The government decided not to participate in the new stock sale, Intel’s first since 1971, which will fund AI projects including its delayed Ohio chip factory, according to people familiar with the matter. But Lutnick approved of the idea, the people said. Intel has identifie…
Intel raises up to $20bn to fund its foundry bet against TSMC
Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, looked like a cautionary tale, and it shows just how far the chipmaker’s fortunes have turned in the space […] This story continues at The Next Web
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