Intel raises $20 billion in upsized share sale to fund foundry push

Intel (INTC.O) raised $20 billion from an upsized share offering earlier this week, as it looks to fund the costly ​build-out of its chip contract manufacturing business by cashing in on a stock surge ‌fueled by its turnaround efforts. Once a dominant force in the global chip…

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Cyprus Mail.