By Elias Schisgall
Intel filed for a shelf offering with the Securities and Exchange Commission.
The shelf offering allows the semiconductor manufacturer or its shareholders to sell shares without needing to re-register the offering or incur penalties, letting the company capitalize on favorable market timing.
Intel's large shareholders include Nvidia, SoftBank, BlackRock, Charles Schwab, and the Vanguard Group. The U.S. government also acquired a 10% stake in August when the company struck a deal with President Trump in August to convert $8.9 billion in unpaid grants under the 2022 Chips Act to equity.
Intel didn't specify the size of its shelf offering in the filing.
The filing comes as Intel posted a loss in the first quarter and projected more losses down the line as it works to ramp up chip production amid an inventory shortage. Intel closed down 17% at $45.07 on Friday.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
01-23-26 1741ET



















