Intel Stock INTC Closes Week at $90 After $100 Rejection and Massive Share Offering

Intel's stock fell 5.2% to $90.07, below its $95 offering price, after a $20B fundraising round. The decline was driven by dilution and broader market pressures, including rising bond yields. Intel's foundry segment reported $5.8B in Q2 revenue but a $2.1B operating loss. Analysts remain cautious, with a mean price target of $114.88.

Howard Lutnick, representing Intel, asked a federal judge to dismiss a lawsuit alleging the US government coerced Intel into selling shares at a discount. The case, filed by Intel investor Richard Paisner, claims the 2025 stock sale was an illegal seizure. Intel argues the CHIPS Act authorizes such transactions. The government received shares at $20.47 each, while Intel later raised capital at $95 per share. The outcome could impact future government equity stakes in strategic sectors.

Intel (INTC) raised $23B via a stock offering, selling 242M shares at $95 each. Shares now trade below $93, 3% under the offer price. Intel cited strong AI demand for the raise, with proceeds for general corporate purposes. The stock's recent decline may reflect market digestion of new shares and broader chip sector weakness.

TSMC proposed a shared takeover of Intel's chip foundries with NVIDIA, Broadcom, and AMD, aiming for less than 50% ownership. Intel is divided on the deal, and TSMC seeks partners who are Intel's advanced-manufacturing customers. The companies face challenges due to differing processes and trade secrets. U.S. President Donald Trump encouraged TSMC to assist Intel, aiming to strengthen domestic production. Intel has struggled amid industry shifts, with TSMC investing $160 billion in U.S. data cen

Intel (INTC) reported Q2 revenue of $16.1B, up 25% YoY, with non-GAAP EPS of $0.42. DCAI segment grew 59% YoY. Margins improved significantly. Tiger Global increased its stake. Intel forecasts Q3 revenue between $15.8B and $16.8B. Analysts have a consensus 'Hold' rating with an average price target of $113.87.

Intel shares fell 1.70% to $90.57 after a $20B stock offering. The company reported strong Q2 revenue growth (25% YoY) but posted a GAAP net loss due to a $12.5B charge. AI chip demand drove Data Center revenue up 59% YoY. The stock has gained 373.85% over 12 months but faces competitive pressures.