WS #13802
Intel announces $15B common stock offering to fund AI buildout, stock falls 5% on dilution concerns. Microsoft plans to unveil Maia 300 AI chip in September, in talks with TSMC for 300k+ units in 2027, reducing reliance on Nvidia. Jefferies downgrades Apple to Underperform, citing cancellation of all-glass iPhone, negative for AAPL.
Intel $15B stock offering
Intel announces $15B common stock offering to fund AI buildout, stock falls 5% on dilution concerns.
Microsoft plans to unveil Maia 300 AI chip in September, in talks with TSMC for 300k+ units in 2027, reducing reliance on Nvidia.
Jefferies downgrades Apple to Underperform, citing cancellation of all-glass iPhone, negative for AAPL.