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Intel Upsizes Stock Offering to $20 Billion at $95 Per Share as AI Demand Accelerates

Deals·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.

Intel has increased its stock offering to $20 billion, pricing shares at $95 each to capitalize on the growing demand for AI technology.

Intel

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