Business · 10 August 2026

Intel plans £12.9 billion share sale to fund chip expansion

Intel is raising about £12.9 billion through a share sale, aiming to fund its expensive plans to build more chip contract manufacturing plants. The company's shares have nearly tripled this year, allowing it to cash in on the rally to challenge rivals like TSMC. The funding will help meet booming demand for CPUs, with Intel executives saying orders have outstripped its production capacity.

By BriefTea Editorial · 10 August 2026 at 15:25

Reported by Euronext Markets: Real-time Stock Market Data | live · How we write briefs

Get the app

Understand this story

Cheaper tech for you? Global chip competition Supply chain resilience UK tech jobs boost

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →