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Intel raises up to $20bn to fund its foundry bet against TSMC

Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, looked like a cautionary tale, and it shows just how far the chipmakers fortunes have turned in the space [] This story continues at The Next Web

11 Aug 2026 2:35 pm