Intel launches $20B stock sale amid AI boom, advanced packaging demand

Updated with larger raise: Intel Corp. today announced plans to raise $15 billion by selling common stock. Just a day later, it announced that it upsized the sum to $20 billion. The banks underwriting the deal have the option to buy up to $2.25 billion worth of additional shares within 30 days. The offering follows […] The post Intel launches $20B stock sale amid AI boom, advanced packaging demand appeared first on SiliconANGLE.