US chipmaker Intel said on August 10 it plans to raise US$15 billion through a public offering of common stock, with proceeds for capital expenditures and working capital; the raise comes as Intel races to expand foundry capacity for AI chip clients, but the dilutive offering sent Intel shares lower
Intel, the US chip giant that built the x86 era, is executing a foundry pivot at the centre of US-China semiconductor rivalry and the global CHIPS Act race.
full dossier ›The global race to manufacture advanced chips pits Taiwan, South Korea, the United States, and China against one another, with control of AI hardware supply at stake.
Taiwan Semiconductor Manufacturing Company: the world's dominant chip foundry, making roughly 72% of global advanced silicon and the irreplaceable center of the AI supply chain.
Tan calls 2026 an 'execution year': 18A in high-volume manufacturing, a preliminary Apple foundry deal, but zero fully committed external 14A customers
Intel and Samsung start the shift from organic resin to glass cores; SK's Absolics ships first commercial-grade panels; Korea contests Intel on standards
The 115-member consortium ratifies In-Network Compute, a UCIe 3.0-compliant Chiplet spec, Manageability and a split 200G physical layer, scale-up fabric as an open standard