{"slug": "intel-selling-15-billion-in-common-stock-as-ai-demand-booms", "title": "Intel Selling $15 Billion in Common Stock as AI Demand Booms", "summary": "Intel Corp. announced Monday it will offer $15 billion in common stock to capitalize on surging demand during the artificial intelligence data center boom, with proceeds earmarked for general corporate purposes. The company cited growth opportunities in physical AI, purpose-built silicon, advanced packaging, and external wafers, and said the offering aims to maintain a strong balance sheet and investment-grade rating. Intel shares have nearly tripled this year to $101.65, and its data center segment sales jumped 59% last quarter.", "body_md": "(Bloomberg) -- Intel Corp. said it will be offering $15 billion in common stock, taking advantage of renewed interest in its business prospects during the artificial intelligence data center boom.\n\nMost Read from Bloomberg\n\n-\n[China Unleashes $28 Trillion Capital Markets to Challenge US in AI](https://www.bloomberg.com/news/features/2026-08-09/china-bets-on-ai-stocks-as-it-races-against-us-for-chip-tech-dominance?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) -\n[Iran Shakes Up Security Team After Saying Oman Deal 'Very Close'](https://www.bloomberg.com/news/articles/2026-08-09/wait-for-hormuz-deal-stretches-on-as-iran-says-terms-must-be-met?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) -\n[Stocks Waver Near Record Highs, Crude Oil Advances: Markets Wrap](https://www.bloomberg.com/news/articles/2026-08-09/stock-market-today-dow-s-p-live-updates?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) -\n[Trump Amps Up Pressure on Billionaire Sargeant to Exit Venezuela](https://www.bloomberg.com/news/articles/2026-08-08/trump-amps-up-pressure-on-billionaire-sargeant-to-exit-venezuela?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS)\n\nThe money will be used for general corporate purposes, Intel said in a statement on Monday. \"Progress in emerging areas including physical AI, purpose-built silicon, advanced packaging and external wafers represent significant growth opportunities for Intel,\" the company said. \"The offering is intended to further enable Intel to pursue the growth opportunities ahead while maintaining a strong balance sheet and its commitment to an investment-grade rating.\"\n\nIntel shares have nearly tripled in value so far this year, to $101.65, as it works on a turnaround of its business. While it doesn't lead in AI-specific chips, data center demand has increased sales of its central processing units. Sales in Intel's data center segment soared 59% last quarter, more than double the pace of Intel's overall revenue. Still, the company is working to line up significant outside customers for its factories\n\n(Updates with quote from release. Corrects that Intel does have some AI-specific work.)\n\nMost Read from Bloomberg Businessweek\n\n-\n[How Apple and India Built an Alternative iPhone Production Hub](https://www.bloomberg.com/news/features/2026-08-05/apple-builds-iphone-production-capacity-in-india-to-hedge-its-china-risk?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS) -\n[The $5 Billion Cosmetics Company Behind the High-Flying Rhode Brand](https://www.bloomberg.com/news/features/2026-08-07/hailey-bieber-founded-rhode-helps-power-e-l-f-beauty-to-5-billion-empire?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS)\n\n©2026 Bloomberg L.P.", "url": "https://wpnews.pro/news/intel-selling-15-billion-in-common-stock-as-ai-demand-booms", "canonical_source": "https://ca.finance.yahoo.com/news/intel-selling-15-billion-common-115521819.html", "published_at": "2026-08-10 11:55:21+00:00", "updated_at": "2026-08-10 12:38:51.222471+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips"], "entities": ["Intel Corp.", "Bloomberg"], "alternates": {"html": "https://wpnews.pro/news/intel-selling-15-billion-in-common-stock-as-ai-demand-booms", "markdown": "https://wpnews.pro/news/intel-selling-15-billion-in-common-stock-as-ai-demand-booms.md", "text": "https://wpnews.pro/news/intel-selling-15-billion-in-common-stock-as-ai-demand-booms.txt", "jsonld": "https://wpnews.pro/news/intel-selling-15-billion-in-common-stock-as-ai-demand-booms.jsonld"}}