Intel Raises $15 Billion for AI Push as Apple Faces Downgrade
Macro·1 article across 1 outlet
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Intel has decided to tap the market for $15 billion in fresh capital, betting renewed AI enthusiasm can help fund its push into chips and physical AI.
Additionally, Apple received a rare downgrade from Jefferies due to concerns about its iPhone roadmap.
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Sources
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“Bloomberg’s Ed Ludlow breaks down Intel's decision to tap the market for $15 billion in fresh capital, betting renewed AI enthusiasm can help fund its push into chips and physical AI.”
Bloomberg — Intel Raises Cash, Apple Gets Downgraded | Bloomberg Tech 8/10/2026