Intel Corporation reports developments across its advanced semiconductor design and manufacturing business, including Intel Products, the Client Computing Group, Data Center and AI, and Intel Foundry. Company updates commonly address operating results, CPU and AI-related demand, wafer and advanced packaging capacity, corporate strategy, capital allocation, and changes affecting major manufacturing assets.
Intel news also includes governance and leadership developments, proxy matters, and ownership-linked updates from Mobileye, an independently listed company in which Intel retains majority ownership. These items connect Intel’s public-company disclosures with its product roadmap, foundry strategy, manufacturing network, and broader semiconductor capital structure.
Intel (INTC) introduced Xeon-based rack designs and shared new GPU D-series technical details at the Open Compute Project Global Summit. Developed with ecosystem partners, select Xeon 6+ configurations scale beyond 46,000 cores per rack at 133.45 kW total rack power.
Customer sampling of GPU D-series is underway. Intel describes the GPU as designed for memory-intensive AI inference, with 1.5 TB/s memory bandwidth and 1.3 petaflops of FP8 compute within a 350-watt power envelope. Intel-branded cards have 160 GB of memory; the design enables partner-branded options up to 480 GB. Intel also highlighted open software integration and its contribution to a standardized accelerator-card form factor.
Intel (INTC) will report its third-quarter 2026 financial results on October 29, 2026, promptly after the market closes.
An earnings conference call will follow at 2 p.m. PDT that day. A live public webcast, associated materials and a webcast replay will be available on Intel's Investor Relations website at intc.com.
Applied Materials (AMAT) is collaborating with Intel (INTC) on chipmaking technologies for next-generation transistors, interconnects and advanced packaging for AI computing. The work connects Applied’s EPIC Center in Silicon Valley with Intel’s research campus in Hillsboro, Oregon. Applied aims to shorten development and commercialization cycles. Its EPIC Center is scheduled to be operationally ready in 2026, with Intel participating as a founding partner.
OpenSearch Software Foundation expanded its enterprise ecosystem by adding Adelean, Intel (INTC), and Sidecar as new General Members and certifying Seacom and Sidecar as Long Term Support (LTS) providers.
These organizations will contribute to working groups, technical initiatives, and strategic direction while offering production-ready LTS services with extended maintenance and predictable upgrade paths. Over the past year, OpenSearch project contributors increased 31% globally, including 43% growth in Latin America and 33% in Japan. Total project downloads surpassed 2.4 billion, a 140% year-over-year increase. Foundation research reports that 71% of organizations view independently deployed data infrastructure, free from specific vendor dependence, as a strategic priority.
Beep closed a Series B funding round led by Mobileye (MBLY), bringing its total capital raised to approximately $130 million.
Existing investors also participated in the round. Beep plans to use the new capital to scale and expand its mobility-as-a-service offerings, deepen collaborations with technology and public-sector partners, and continue deployment of its AI-driven AutonomOS platform for managing Physical AI transportation networks. Mobileye’s investment reflects a shared strategic vision to bring autonomous mobility models, from fixed-route services to on-demand microtransit, to commercial scale in the United States in response to customer demand.
Intel (NASDAQ: INTC) announced that CFO David Zinsner and John Pitzer, corporate vice president of global treasury and investor relations, will take part in a fireside chat on Intel’s business and strategy at Deutsche Bank's 2026 Technology Conference on August 26 at 10:35 a.m. PDT. A live webcast and replay will be publicly available on Intel’s investor relations website, and the company noted that participation, speakers and schedule may change.
Intel (Nasdaq: INTC) priced its upsized registered public common stock offering at $95 per share for 210,526,315 shares, implying a $20 billion offering, increased from $15 billion. Underwriters have a 30-day option to buy up to 31,578,947 additional shares at the same public price, less underwriting discounts.
The offering is expected to close on August 12, 2026, subject to customary conditions. Intel expects net proceeds of about $19.7 billion (without any option exercise) and plans to use them for general corporate purposes, including capital expenditures and working capital.
Intel (Nasdaq: INTC) announced a proposed underwritten public offering of $15 billion of common stock to support general corporate purposes.
According to Intel, proceeds may fund capital expenditures and working capital and are intended to help pursue AI-driven growth opportunities while supporting a strong balance sheet. Intel expects to grant underwriters a 30-day option to purchase up to an additional $2.25 billion in common stock. J.P. Morgan, Goldman Sachs, Morgan Stanley and Citigroup are acting as joint book-running managers. The offering will be made under an effective Form S-3 shelf registration via prospectus supplement and accompanying prospectus.
Intel (Nasdaq: INTC) appointed Dean Jarnac as executive vice president and chief sales officer, leading the company’s global sales organization across client, data center, AI, networking, and ASIC products. He will report directly to CEO Lip-Bu Tan and is scheduled to join Intel in September.
According to Intel, Jarnac brings more than 30 years of semiconductor industry sales experience, including chief sales officer at Marvell and senior leadership roles at Broadcom and AMD. As part of this transition, longtime Intel executive Greg Ernst will leave the company after 27 years of service.
Mobileye Global (Nasdaq: MBLY) will participate in several third-quarter 2026 investor events, including the Canaccord Genuity 46th Annual Growth Conference on August 12, the Goldman Sachs Communacopia + Technology Conference on September 8, and Evercore's 9th Annual ADAS, AV & AI Forum on September 29.
According to Mobileye, it plans to webcast its fireside chats when possible, with exact times to be posted closer to each event on the company’s investor relations site, where investors can also register and access webcasts. Event participation and specific dates may change, and any additional events will be announced on the IR site.