Intel’s $20 Billion Stock Sale Fuels a Bigger Fight Over Chip Supply Chain Security

Intel has priced an upsized $20 billion public stock offering, a move that goes beyond a routine capital raise and lands squarely in the middle of an ongoing global debate over semiconductor supply chain security. The chipmaker sold 210,526,315 shares at $95 apiece, upsizing the deal from an originally planned $15 billion after investor demand reportedly topped $100 billion, and granted underwriters a 30-day option for 31,578,947 additional shares. The offering is set to close on August 12, 2026, with net proceeds of roughly $19.7 billion earmarked for general corporate purposes, including capital expenditures and working capital. Intel’s $20 Billion Stock Sale Chip Security For a cybersecurity audience, the real story...

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