Intel prices upsized USD 20 billion common stock offering at USD 95 a share

Reuters2026/08/11 06:36

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Intel priced an upsized registered follow-on common stock offering at USD 95 per share, increasing the deal to USD 20 billion from USD 15 billion.
210,526,315 shares to be sold; underwriters hold a 30-day option for up to 31,578,947 additional shares.
Closing expected Aug. 12, 2026, subject to customary conditions.
Net proceeds estimated at about USD 19.7 billion, excluding any option exercise.
Proceeds earmarked for general corporate purposes, including capital expenditures or working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intel Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202608110236BIZWIRE_USPR_____20260810_BW533034) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Intel prices upsized USD 20 billion common stock offering at USD 95 a share

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