Business

Intel Plans Major Stock Sale

Updated 2026-08-10 12:40 UTC 1 source Neutral

Tech giant Intel announced plans to sell $15 billion worth of stock, citing growth opportunities in AI and custom chips. The move comes after the company's stock price surged by 400% over the past year.

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MarketWatch

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

The company said it sees growth opportunities in physical AI, custom chips and advanced packaging.

2026-08-10 12:24 UTC