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Intel’s CFO called his shot, but shareholders pay the price
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BizToc
priced an upsized $20 billion stock offering at $95 a share on Tuesday, Aug. 11, raising $5 billion more than the $15 billion plan it announced just one trading day earlier.
Wall Street treated this as breaking news.
Intel’s own finance chief told investors this could happen…This story appeared on thestreet.com , 2026-08-11 18:03:00.