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Intel raises 2026 capex above $20 billion, projects bigger 2027 buildout

2 days ago 2

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Intel is raising its capex spending plans for 2026 to more than $20 billion — far more than they estimated going into the year, CFO David Zinsner said on the company's Q2 earnings call. The company also expects for 2027's capex spend to be "significantly above" its 2026 levels.

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