Intel Raises Public Offering to $20 Billion, Prices Shares at $95

Intel announced on August 11, 2026, that it had increased its public offering of common stock to $20 billion and priced the shares at $95 each. The offering is expected to raise about $19.7 billion, which the company plans to use for capital expenditures, working capital and other general corporate purposes.

The announcement shows that Intel increased the size of its public offering from the previously announced $15 billion to $20 billion and plans to use net proceeds of about $19.7 billion for capital expenditures and working capital. Investors and industry officials can see that the company is seeking to secure substantial funding through a stock issuance rather than borrowing for a business that requires significant capital for semiconductor design and manufacturing.