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$20 billion at $95 per share is the contracted figure on Intel's upsized equity offering, implying approximately 210.5 million new shares.
Technology giants have collectively spent trillions on AI demand and the infrastructure buildout behind it. Intel is drawing on public equity markets for capital inside that same cycle.
The upsize and the arithmetic behind it An upsizing means the deal grew after initial terms were set.
Intel widened the offering before pricing settled at $20 billion and $95 per share, with investor appetite for more paper than the original deal covered driving the expansion.
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