Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding19m ago Instagram now lets you add tagged photos to your profile grid20m ago Sure, Meta’s AI Muse works, but it sure creeps me out20m ago AI agents are flooding public services with new requests26m ago The iPhone Duo just might live up to the hype26m ago People are flooding X with joke resignation announcements imitating the viral AI extinction warning28m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities36m ago Antioch raises $32m to test robots in simulation before they touch hardware44m ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges1h ago 7 Steps to Become a Forward Deployed Engineer in 20261h ago

Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding19m ago Instagram now lets you add tagged photos to your profile grid20m ago Sure, Meta’s AI Muse works, but it sure creeps me out20m ago AI agents are flooding public services with new requests26m ago The iPhone Duo just might live up to the hype26m ago People are flooding X with joke resignation announcements imitating the viral AI extinction warning28m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities36m ago Antioch raises $32m to test robots in simulation before they touch hardware44m ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford1h ago Positron Valued at $5 Billion in New Funding as Demand for AI Chips Surges1h ago 7 Steps to Become a Forward Deployed Engineer in 20261h ago

Chips & Compute4 min reading time

Intel raises up to $20bn to fund its foundry bet against TSMC

The Next WebPublished 30 days ago

Intel has launched a $15 billion stock offering, potentially rising to $20 billion, to fund its foundry business expansion aiming to compete with TSMC. The funds will support new manufacturing facilities and advanced packaging to meet surging AI chip demand and develop its 14A process by 2028, with Tesla confirmed as a customer and potential Apple partnership.

#apple #capital-raising #foundry-services #intel #semiconductor-manufacturing #tesla #tsmc

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