Intel's decision to raise $15 billion in fresh equity after a more than 400% rally over the past year reflects a company looking to lock in favourable market conditions while funding an aggressive spending ramp tied to AI demand. ---Intel is cashing in on a 400% rally to fund an AI-driven spending ramp that is already set to exceed $20 billion this year and grow further in 2027. Summary:Intel announced a $15 billion common stock offering on Monday, aiming to take advantage of a share price that has risen more than 400% over the past 12 months. Intel announced plans on Monday to raise $15 billion through a common stock offering, moving to capitalise on a share price that has surged more than 400% over the past 12 months as the company leans further into artificial intelligence-driven growth. As part of the deal, underwriters are expected to receive a 30 day option to purchase up to an additional $2.25 billion of common stock at the public offering price.