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Intel Raises $15B in Stock Offering to Fuel AI Chip Expansion

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The Story

News Summary

  • Intel launched a $15B stock offering to fund AI-driven capacity expansion, citing surging demand for CPUs and data center chips.
  • Shares dipped 3% premarket on dilution concerns despite strong underlying demand and TSLA's foundry commitment.
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TSLA price history

365.44 -12.53% over the displayed period

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