Intel's huge rally is helping pay for its AI comeback

Intel Corp.'s stock rally has reduced the cost of its planned $20 billion common stock issuance, saving the chipmaker millions as it funds its artificial intelligence comeback. Yahoo Finance Markets & Data Editor Jared Blikre highlighted the financial benefit in a Chart of the Day segment.

In today's Chart of the Day, Yahoo Finance Markets & Data Editor Jared Blikre dives into Intel's INTC https://finance.yahoo.com/quote/INTC/ rally and how the chipmaker's surging stock price saved the company millions as it prepares to issue $20 billion in new common stock. In today's Chart of the Day, Yahoo Finance Markets & Data Editor Jared Blikre dives into Intel's INTC https://finance.yahoo.com/quote/INTC/ rally and how the chipmaker's surging stock price saved the company millions as it prepares to issue $20 billion in new common stock.