Stocks · News reference
Intel (INTC) plans a $15B stock offering to fund AI growth and chip manufacturing. Shares drop in premarket trading. Read details.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Jim Cramer squashes rumors of Elon Musk leaving Intel's Terafab, highlighting a $40B 'pot of gold' heading to Nvidia despite Kospi weakness.
Intel Corp. would reportedly continue working with Elon Musk on Terafab, stated CEO Lip-Bu Tan.
Jim Cramer said that investors seeking exposure to the AI boom could look to major technology companies that have several avenues to gain from AI.
https://www.bloomberg.com/news/articles/2026-10-07/intel-to-keep-working-on-elon-musk-s-terafab-chipmaking-venture
Retail investors dumped ETFs at a record pace Wednesday, with semiconductor funds hit hardest as they cashed in AI rally gains.
Micron agrees to pay Netlist $600M in a landmark patent settlement. See how NLST stock jumped nearly 18% on the deal.