Intel is reportedly planning to increase the size of its stock offering to raise around $20 billion.

August 11th. According to Bloomberg, sources revealed that Intel is seeking to increase the size of its IPO from the initially planned $15 billion to around $20 billion, a one-third increase. The offering price is expected to be around $95 per share or higher. At this price, it would represent a discount of approximately 6.5% from last Friday's closing price.