According to CoinMeta, Intel announced that it will raise funds by issuing an additional 15 billion dollars in common stock, causing its stock to fall by more than 3% during morning trading. This additional issuance is aimed at supporting the company's capital expenditures in artificial intelligence computing and semiconductor manufacturing, with capital expenditures expected to exceed 20 billion dollars in 2026. At the same time, the stock prices of Oracle and Google were also affected; Oracle's stock price fell by 9%, and Google experienced negative free cash flow for the first time, exacerbating investors' concerns about the infrastructure costs associated with AI. Intel needs to prove that its investments in AI related products can generate returns that exceed the cost of capital; otherwise, shareholders will face the risk of dilution.