πΈ Intel $INTC slides 4.6% after launching a $15B stock offering β possibly its first since 1971
Intel announced a $15 billion underwritten public offering Monday, potentially its first public share sale since it listed over 50 years ago, diluting share count by roughly 3%. The proceeds go toward AI-driven capex β Intel now expects to spend $20B+ on capex in 2026, and the stock had already nearly tripled this year to ~$101 on surging AI chip demand. The market's taking a short-term haircut, but the backdrop is undeniably bullish. Not financial advice. Does the dilution on $INTC scare you off or look like a buying opportunity?
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