Intel is reported to be planning to raise capital through stock issuance to about 20 billion US dollars

Comparing the news, according to a Bloomberg report, people familiar with the matter revealed that Intel is seeking to raise capital from the 15 billion US dollars previously planned to about 20 billion US dollars, an increase of about one-third. The issue price is expected to be around $95 or more per share, a 6.5% discount from last Friday's closing price at this price.

According to people familiar with the matter, the offering has already received over $100 billion in subscription requirements. If the underwriter exercises the right to over-allocate, the final amount of capital raised could clearly exceed $20 billion. However, related discussions are still ongoing, and the distribution scale and pricing are still subject to change.

J.P. Morgan Chase, Goldman Sachs, Morgan Stanley, and Citi participated in the launch. Intel fell 4.1% during the normal trading session on Monday and remained flat after the market; the company's stock price has accumulated a cumulative increase of about 164% since this year.

Bloomberg notes that most of the largest US equity financings this year came from companies benefiting from increased AI spending. Alphabet is raising up to $85 billion through market offerings and equity-linked transactions, and Oracle is also planning to raise $20 billion through market offerings.