Intel’s $15 billion equity offering — its first public share sale since its 1971 IPO — will fund AI chip production, advanced packaging and foundry expansion, with underwriters able to add $2.25 billion more.
Tag: Intel
Posted inTech
Intel Posts 59% AI Revenue Jump as Data Center Demand Outpaces Client Chips
Intel reported Q2 2026 revenue of $16.1 billion, up 25%, with its Data Center and AI segment surging 59% to $6.3 billion—nearly doubling the analyst consensus on non-GAAP EPS.
Posted inTech
Intel Commits €5 Billion to Ireland Fab to Scale AI Chip Supply
The Leixlip campus expansion will scale up Intel Xeon 6 production on the Intel 3 node, adding to more than €30 billion Intel has invested in Ireland since 1989.
Posted inMarkets
Intel stock leaps 10.6% as Trump announces Apple chip manufacturing deal
Intel shares jumped 10.6% on June 18 after President Trump announced Apple and Intel would work together on US chip design and manufacturing.