{"slug": "intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips", "title": "Intel will raise $15B from public stock sale to invest in AI chips", "summary": "Intel plans to raise $15 billion through a public stock sale to invest in AI chips, citing strong demand driven by unprecedented investment in AI compute. The company, whose stock has risen about 400% in the past year, will use proceeds for general corporate purposes, including capital expenditures and working capital. Underwriters include J.P. Morgan, Goldman Sachs, Morgan Stanley, and Citigroup.", "body_md": "*Become a member of GB MAX to gain exclusive access to the industry and to the most influential global B2B leadership community in the business of gaming, entertainment, and tech.*\n\n[Join now](https://go.gamesbeat.com/gb-max/)and also get a VIP ticket to GamesBeat Next (Nov 2-3, SF).[Intel](https://www.intel.com) plans to raise $15 billion in new funding by offering new stock for sale to the public.\n\nOnce hobbled by competition with Nvidia and AMD, Intel is now benefiting from the AI tide that is lifting all boats. In the past year, Intel’s stock has risen around 400%.\n\nAsking itself why it’s doing this now, Intel said, “Customers continue to signal a strong and sustainable demand environment, driven by unprecedented investment in AI compute. Progress in emerging areas including physical AI, purpose-built silicon, advanced packaging and external wafers represent significant growth opportunities for Intel.”\n\nIntel intends to use the net proceeds from the offering for general corporate purposes, which may include, but are not limited to, capital expenditures and working capital.\n\nThe 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\n## Investment discipline\n\nIntel said it remains disciplined in capital deployment, aligning investments with customer demand and clear return expectations.\n\nIntel expects to grant to the underwriters of the offering a 30-day option to purchase up to an aggregate total of $2.25 billion of additional shares of common stock at the public offering price, less underwriting discounts.\n\nJ.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Citigroup Global Markets Inc., are acting as joint book-running managers for the proposed offering.", "url": "https://wpnews.pro/news/intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips", "canonical_source": "https://gamesbeat.com/intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips/", "published_at": "2026-08-10 23:20:00+00:00", "updated_at": "2026-08-10 23:48:32.210689+00:00", "lang": "en", "topics": ["ai-chips", "ai-infrastructure", "ai-policy"], "entities": ["Intel", "Nvidia", "AMD", "J.P. Morgan Securities LLC", "Goldman Sachs & Co. LLC", "Morgan Stanley & Co. LLC", "Citigroup Global Markets Inc."], "alternates": {"html": "https://wpnews.pro/news/intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips", "markdown": "https://wpnews.pro/news/intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips.md", "text": "https://wpnews.pro/news/intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips.txt", "jsonld": "https://wpnews.pro/news/intel-will-raise-15b-from-public-stock-sale-to-invest-in-ai-chips.jsonld"}}