1 of 1
Story summary
- Intel Corp announced a $15 billion common stock offering on August 10, 2026.
- The deal gives underwriters a 30-day option to purchase up to $2.25 billion, potentially raising total proceeds to $17.25 billion.
- Intel will allocate the proceeds to capital expenditures, working capital, physical AI, purpose-built silicon and advanced packaging.
- Finance chief David Zinsner said most spending will fund factory tooling and a “meaningful increase” in 2027.
