Intel Corporation announced and priced a $20 billion underwritten public offering of common stock, upsize from an initial $15 billion proposal. The company issued 210,526,315 shares at $95.00 per share on August 10, 2026, with net proceeds estimated at approximately $19.7 billion after underwriting discounts and expenses. Underwriters exercised their full option to purchase an additional 31,578,947 shares on August 11, 2026, bringing the total offering size to the upsized amount. The transaction is expected to close on August 12, 2026, with proceeds designated for general corporate purposes, including capital expenditures and working capital. Intel designs and manufactures advanced semiconductors that connect and power the modern world.

Intel reported second-quarter 2026 revenue of $16.1 billion, a 25% increase year-over-year. The company reported a GAAP net loss of $11.0 billion, resulting in a GAAP EPS of $(2.16), while non-GAAP EPS was $0.42. For the third quarter of 2026, Intel forecasts revenue between $15.8 billion and $16.8 billion, with a GAAP EPS of $0.31 and non-GAAP EPS of $0.38. Key operational highlights include the launch of Xeon 6+ and the entry of Intel 18A-P into risk production. The company also announced a €5 billion investment to expand manufacturing capacity for Xeon processors. Intel designs and manufactures advanced semiconductors.

Intel Corporation issued $6.5 billion in aggregate principal amount of senior notes with maturities ranging from 2031 to 2066. The offering consists of five tranches with interest rates between 4.650% and 6.200%, resulting in net proceeds of approximately $6.47 billion.

Scott Gawel, Intel Corporation's Corporate Vice President and Chief Accounting Officer, resigned from his position as principal accounting officer effective April 24, 2026. David A. Zinsner, Executive Vice President and Chief Financial Officer, has assumed the role of principal accounting officer in addition to his existing responsibilities.

Intel Corporation announced its financial results for the first quarter ended March 28, 2026, via a press release issued on April 23, 2026. The filing also includes forward-looking statements regarding the company's financial outlook for the second quarter of 2026.