#ai expansion Tech News.
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ChipsWall Street Journalabout 13 hours ago
Intel to Offer $15 Billion of Common StockIntel Corp. announced plans to raise $15 billion by selling common stock, with underwriters able to buy up to $2.25 billion in additional shares within 30 days. The offering follows a year in which Intel's stock more than tripled, reflecting optimism about its data center and AI business, which saw revenues jump 59% last quarter.
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