Intel plans $15 billion stock offering as AI demand accelerates

Intel plans $15 billion stock offering as AI demand accelerates Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Key Points Intel announced a $15 billion common stock offering on Monday to support skyrocketing customer AI demand. Intel highlighted physical AI, purpose-built silicon and advance packaging as major growth areas. Technology giants have lifted capital expenditures this year to support the AI infrastructure buildout. In this article INTC Follow your favorite stocks CREATE FREE ACCOUNT Intel headquarters is seen on July 23, 2026 in Santa Clara, California. Heather Diehl | Getty Images Intel announced a $15 billion common stock offering on Monday to support skyrocketing customer demand for artificial intelligence compute. The chipmaker highlighted physical AI, purpose-built silicon and advance packaging among the major growth opportunities and said it will use the funding to support corporate needs, including capital expenditures and working capital, Technology giants have shelled out trillions in recent years to meet insatiable AI demand and the unrelenting infrastructure buildout to support new compute capacity. Several megacap tech companies boosted their capital expenditures on AI demand this earnings season, with spending on track to hit $765 billion this year and $1.2 trillion in 2027, according to estimates from Goldman Sachs . Amazon gave the highest guidance among the group this reporting period, citing the memory crunch. The Intel announcement includes a 30-day option that would allow underwriters to buy an additional $2.25 billion in common stock. Stock Chart Icon Stock chart icon Intel stock chart. Read more CNBC tech news 'AI Kill Switch' bill needs to be passed this year amid ongoing rogue agent hacks, Rep. Lieu says SpaceX stock could face further pressure as first batch of shares unlock since IPO Google is expanding its AI empire — and losing the people who built it Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta Jonathan Vanian Hugging Face hack marks start of dangerous AI cyber era and many firms 'don't even know it' Samantha Subin ‘SaaSpocalypse’ debate intensifies as software stocks swing wildly Jordan Novet Read More