Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Intel Corp CEO Lip-Bu Tan is investing $12 million of his own capital in the chipmaker's newly upsized $20 billion stock offering, a move that Futurum Group CEO Daniel Newman sees as a strong vote of confidence. According to a prospectus supplement filed with the Securities and Exchange Commission Wednesday, Tan and one family member agreed to purchase a combined $12 million of Intel shares as part of the offering.
Intel priced 210,526,315 shares at $95 each on Tuesday, increasing the offering to $20 billion from the $15 billion announced a day earlier and granting underwriters a 30-day option to purchase an additional 31,578,947 shares. A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market?
These 50 Must-Know Terms Can Help You Catch Up Fast Newman highlighted Tan's investment on X, writing that "Lip Bu Tan investing $12 million of his own capital into the current $INTC raise should be viewed as a strong sign of confidence in Intel's future." "I always love to see founders and execs put their own risk capital into deals," Newman added. Lip Bu Tan investing $12 million of his own capital into the current $INTC raise should be viewed as a strong sign of confidence in Intel's future. I always love to see founders and execs put their own risk capital into deals.
Especially ATM. 💪🏻 — Daniel Newman (@danielnewmanUV) August 12, 2026 See Also: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big Time The capital raise comes shortly after Intel reported its strongest revenue growth in years. Intel's second-quarter revenue reached $16.13 billion, up 25% year over year, while adjusted earnings came in at 42 cents per share, topping Wall Street expectations. The company forecast third-quarter revenue of $15.8 billion to $16.8 billion and adjusted earnings of 38 cents per share.
Previously, the company cited strong AI data center demand as a key growth driver and increased its 2026 capital spending forecast to $20 billion from $18 billion. Photo courtesy: Thrive Studios ID / Shutterstock.com Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier. Think you're saving enough for your kids?
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