Intel announced a $15 billion public offering of common stock, causing its shares to fall about 3%. The capital raised will support general corporate purposes, including capital expenditures and working capital, aimed at fueling growth opportunities in AI, advanced packaging, and wafer manufacturing. Intel emphasized strong customer demand driven by AI investments and plans to maintain a strong balance sheet and investment-grade rating. The company also granted underwriters a 30-day option to buy an additional $2.25 billion in stock, with major banks managing the offering.
Intel and Broadcom CEOs warn that access to capital could become the biggest constraint on the AI boom, even as demand for computing infrastructure outpaces supply. Rising borrowing costs and higher bond yields may make financing data centers and chi...
The U.S. Supreme Court heard arguments in a case involving Intel's 401(k) retirement plan, where a former employee claimed fiduciaries breached their duties by investing in underperforming hedge funds and private equity. The key issue is whether unde...
Intel's stock has surged over 200% in 2026, driven by strong revenue growth and strategic focus under CEO Lip-Bu Tan. The company reported a 25.4% revenue increase in Q2 and has beaten earnings estimates for seven consecutive quarters. Despite this, ...
Intel's market capitalization recently reached $562.65 billion, slightly surpassing the combined $552.80 billion valuation of Coca-Cola and PepsiCo. This is notable because Intel posted a $11.29 billion loss last year, while Coca-Cola and PepsiCo ear...
Intel's stock faced a dip after Elon Musk's comments on TSMC, but the company remains a strong buy due to management execution, improving gross margins, and ongoing price hikes. Intel's Q3 guidance projects $15.8–$16.8 billion in revenue, a 42% non-G...
