# Intel Plans $15 Billion Share Sale; Stock Falls 5% 2026-08-10T15:19:53+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Intel shares fell nearly 5% in pre-market trade on Monday after the chipmaker announced plans to raise $15 billion through a stock offering. The company, which has seen its stock surge more than 400% over the past year, said it will use the proceeds for general corporate purposes including capital spending for its foundry business. The offering includes a 30-day option for underwriters to buy up to an additional $2.25 billion in shares. Intel is investing heavily in new facilities and advanced packaging to challenge TSMC in contract chip manufacturing. It has raised its 2026 capital spending guidance to over $20 billion. Livemint reports that Intel has won Tesla as a 14A customer and that optimism for another marquee client grew after President Trump said Apple would use Intel processors, though neither company confirmed it. ## Coverage - ndtvprofit.com - livemint.com Tags: AI, capital raising, chipmaker, Intel, stock offering, US markets Canonical: https://indianopinion.org/intel-to-raise-15-billion-via-stock-sale-shares-fall-5/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/intel-to-raise-15-billion-via-stock-sale-shares-fall-5/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.