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Intel’s Bold Move to Sell Shares | Raleigh News
Intel’s making a bold financial pivot: after years of buying back its own shares to boost value, the chip giant is now selling 210 million new shares at $95 each — raising $20 billion — in its first-ever secondary offering. The cash will fuel AI chip development and factory upgrades, even as it dilutes existing shareholders. Despite a rough 2024-2025, Intel’s stock surged 65% this year, proving investors still bet big on its future — especially as its valuation hits sky-high levels. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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