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Home›ETFs & Funds›Equity Funds›Intel plans $15 billion stock sale after shares surge…

Intel plans $15 billion stock sale after shares surge 400%

Intel said it expects growth opportunities in physical AI, custom chips, and advanced packaging as part of its rationale for the sale.

Reported · Written up by our desk · Equity Funds

Intel is planning to sell $15 billion worth of stock after its shares have risen about 400% over the past year, MarketWatch reports.

The company said it sees growth opportunities tied to physical AI, custom chips, and advanced packaging, according to the report.

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Sources

MarketWatchIntel plans to sell $15 billion worth of stock after it has risen 400% in a year
MarketWatchIntel plans to sell $15 billion worth of stock after it has risen 400% in a year

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