Intel Corporation (INTC)[Tv]

Key Developments

• Intel completed a $20 billion equity offering—upsized from $15 billion, with potential to reach $23 billion—fueled by strong investor demand and priced at $95 per share, marking its first major equity raise in 55 years and signaling overwhelming confidence in its IDM 2.0 turnaround strategy and AI-focused capital deployment.
• SoftBank made a record $12.14 billion investment in Intel, allocating 67% of its entire U.S. equity portfolio to the stock, representing a high-stakes institutional bet on Intel’s foundry revival and strategic importance in U.S. semiconductor sovereignty.
• Intel secured its first external foundry deal with Fortinet for the Security Processor 6, a pivotal validation of Intel Foundry as a credible, high-margin alternative to TSMC and a critical milestone in expanding beyond internal use.
• Nvidia acquired a $30 billion stake in Intel—nearly half its U.S. portfolio—signaling a strategic alliance in AI infrastructure and foundry ambitions, transforming Intel into a foundational partner in the AI supply chain.
• The U.S. government acquired a 10% stake in Intel, elevating the company from a corporate turnaround story to a national strategic asset and unlocking unprecedented credibility with federal agencies and defense clients.