Intel Drops 5% on Proposed $15B Share Sale as AMD, NVIDIA, Broadcom Hold Steady
Intel shares fall about 5% after the company announced a proposed $15 billion underwritten public offering of common stock. The move appears idiosyncratic versus AMD, NVIDIA and Broadcom. Intel also guided Q3 2026 revenue to $15.8B–$16.8B and reported strong recent growth, including a 59% jump in its Data Center and AI segment.