Intel prices upsized $20 billion common stock offering at $95 per share
Intel agreed on August 10, 2026 to sell 210,526,315 common shares at $95 each, upsizing the offering from $15 billion to $20 billion. On August 11, the underwriters exercised in full their option to buy 31,578,947 more shares, and the offering is expected to close on August 12, 2026. The sale increases the number of Intel shares outstanding, and the company says the net proceeds will fund general corporate purposes, including capital expenditures and working capital.
Key points
- Offering upsized from $15 billion to $20 billion; 210,526,315 shares priced at $95 per share
- Underwriters exercised in full a 30-day option on August 11, 2026 for 31,578,947 additional shares
- Estimated net proceeds of about $19.7 billion, assuming the option was not exercised, for general corporate purposes
- Offering expected to close on August 12, 2026, subject to customary closing conditions
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.