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Intel (INTC) stock took a hit on Aug. 10 after the chipmaker announced plans for a $15 billion common stock offering, which was later upsized to $20 billion. Shares fell more than 4% on Monday to close at $97.52, adding a setback to a stock that has already delivered massive gains this year.
The timing is what makes the move interesting. Intel stock has surged 173% in 2026 and gained roughly 362% over the past year, yet the company is now asking investors for billions of dollars in fresh capital.
