Intel is preparing to sell $15 billion worth of common stock, a move that would rank among the largest equity raises in semiconductor history. The offering comes at a time when the company has already absorbed billions in strategic investments and is pouring capital into cutting-edge chip fabrication facilities. According to Intel, its 2026 capital expenditure guidance has been raised to north of $20 billion, a figure that reflects the sheer expense of building advanced chip fabrication facilities. This significant investment is part of the company's strategy to become a leading contract manufacturer for other chip designers, with facilities being built or expanded across the US and internationally. The move also reflects Intel's focus on artificial intelligence, with the company pouring capital into AI research and development.
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