Intel’s 165% stock surge helps fund $15 billion share sale for AI and chip factories

Intel’s 165% stock surge helps fund $15 billion share sale for AI and chip factories

Intel raises $15B in shares to fund $20B manufacturing expansion; 165% stock rally lets it issue 80% fewer shares vs. last year. This establishes Intel as AI infrastructure foundry—offering manufacturing to other companies, not just selling chips like Nvidia.