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Intel raised $20B in an upsized share sale, up from the $15B it was targeting; sources say the sale drew $100B+ in demand; INTC is up ~146% in 2026 so far (Bloomberg)

Techmeme ·
Intel found far more buyers than it expected for new stock.

The company priced an upsized $20 billion common-stock offering after initially seeking $15 billion. Bloomberg’s note says the sale drew more than $100 billion in demand, according to sources. The raise comes after Intel’s shares had climbed more than 145% this year. Techmeme’s note

score 8

Categories: Money & Moves