Intel to launch $15B stock sale amid AI boom, advanced packaging demand

Intel Corp. today announced plans to raise $15 billion by selling common stock. 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 a year in which Intel’s stock price more than tripled. That increase reflects investor optimism about its data […] The post Intel to launch $15B stock sale amid AI boom, advanced packaging demand appeared first on SiliconANGLE.