Quartz·1 min read·medium
Intel upsized its stock offering to $20 billion to fund its AI chip manufacturing push
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Intel has increased its stock offering to $20 billion, up from an initial $15 billion, to support its expansion into AI chip manufacturing. The company priced 210 million shares at $95 each.
The chipmaker priced 210 million shares at $95 each, up from a $15 billion offering announced the day before
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