Aug 10 : Intel on Monday said it is planning to raise $15 billion through a share sale, as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts.Once a dominant force in the global chip industry, Intel is investing hea

Proceeds intended to support general corporate purposes, including capital expenditures and working capital.

Intel plans to raise $15 billion through a common stock sale to fund AI and chip manufacturing expansion, building on $15.9B in prior