Tag: Semiconductor Foundry
Business
Intel Raises $20 Billion in Expanded Share Sale to Fuel Semiconductor Foundry Buildout
Leveraging the bullish sentiment and the increasing demand for artificial intelligence hardware, semiconductor company Intel has increased its latest equity offering, generating $20 billion worth of financing to aid the expansion of its foundry business segment. Intel has priced the issuance of 210.5 million common shares at $95 per share, amounting to only a small […]