Intel proposes to raise $15 billion, a 4.62 per cent drop in pre-asset prices

INTEL PLANS TO RAISE APPROXIMATELY $15 BILLION THROUGH THE PUBLIC DISTRIBUTION OF THE GENERAL UNIT TO SUPPORT THE INVESTMENT IN AI COMPUTING, SELF-STUDY CHIPS, ADVANCED SEALS, EXTERNAL ROUND-TRIP SERVICES AND PHYSICAL AI OPERATIONS, AND THE UNDERSELLERS HAVE OVERSALE RIGHTS TO PURCHASE UP TO $2.25 BILLION IN ADDITIONAL SHARES. AS A RESULT OF FUND-RAISING, THE INTEL STOCK FELL BY 4.62 PER CENT. THE SIZE OF AI CAPITAL EXPENDITURE THIS YEAR IS PROJECTED TO REACH $1 TRILLION, AND GOLDMAN SACHS EXPECTS THAT CAPITAL EXPENDITURE BY SUPER-LARGE CLOUD MANUFACTURERS WILL RISE TO $1.4 TRILLION IN 2027。