Intel Launches $15 Billion Stock Offering to Fund AI and Manufacturing Growth

Barchart·08/10/2026 17:24:08

Intel ($INTC) announced a $15 billion underwritten public offering of common stock as the chipmaker seeks additional capital to fund investment amid rising AI-related demand. Intel said proceeds may support capital expenditures and working capital, citing opportunities in physical AI, purpose-built silicon, advanced packaging and external wafer manufacturing.

• Intel expects to grant underwriters a 30-day option to purchase up to an additional $2.25 billion of shares.
• Intel shares have nearly tripled in 2026, recently trading around $101.65.
• Data center segment revenue rose 59% last quarter, more than twice Intel's overall revenue growth rate.
• JPMorgan, Goldman Sachs, Morgan Stanley and Citigroup are joint book-running managers.
• Intel said the offering will help fund growth while maintaining its investment-grade rating and disciplined capital deployment.

Relevant Companies

• Intel ($INTC) - The offering could raise $15 billion, or up to $17.25 billion if the underwriters' option is fully exercised.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.