Tag: public-offering

  • Intel Announces $20 Billion Common Stock Offering

    566B

    Intel priced an underwritten public offering of 210,526,315 shares at $95 per share, upsizing the offering from the previously announced $15 billion to $20 billion. The offering is expected to close on August 12, 2026, with net proceeds of approximately $19.7 billion after underwriting discounts and expenses, to be used for general corporate purposes including capital expenditures and working capital. J.P. Morgan, Goldman Sachs, Morgan Stanley, and Citigroup are serving as joint book-running managers, alongside additional book-running managers and co-managers.

    Intel Newsroom ↗