Intel Joins Race To Sell Shares At Sky-High Prices After Spike - Big Tech Figured It Out, The Economy Benefits, Maybe Not Investors

Vast amounts of cash get moved from Investors to Big Tech via equity and debt sales to be spent in the real economy. Intel announced on Monday that it plans an offering of $15 billion in common stock. With this announcement, INTC is becoming the latest tech company to sell shares at extremely high prices.

Intel ( INTC ) announced on Monday that it plans an offering of $15 billion in common stock, with underwriters receiving an option for an additional $2.25 billion in common stock, for a potential total of $17.25 billion in share sales.