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Intel Selling $15 Billion In Stock To Fund AI Boom
Intel Selling $15 Billion In Stock To Fund AI Boom
With AI capital expenditures exploding to $1 trillion this year, the financing mix is beginning to shift from free cash flow and debt toward equity.
Among the megacap hyperscalers, Alphabet has been the most aggressive in tapping the equity market (read report), while Microsoft, Amazon, and Meta continue to rely primarily on cash flow, debt, leases, and structured financing.
Intel is set to join the broader AI infrastructure complex in tapping equity markets, announcing in a press release Monday morning that...
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