Intel Corporation (INTC) Deutsche Bank 2026 Technology Conference August 26, 2026 1:35 PM EDT
Company Participants
David Zinsner – Executive VP, CFO and Principal Financial & Accounting Officer
Conference Call Participants
Melissa Weathers – Deutsche Bank AG, Research Division
Presentation
Melissa Weathers
Deutsche Bank AG, Research Division
All right. Good morning, everybody. Let’s get move into the next fireside chat. I’m Melissa Weathers. I’m one of the lead analysts covering semis here at Deutsche Bank. This morning, we have the pleasure of hosting Dave Zinsner, EVP and CFO of Intel Corporation. Thanks for being here, Dave.
David Zinsner
Executive VP, CFO and Principal Financial & Accounting Officer
Thank you, Melissa.
Melissa Weathers
Deutsche Bank AG, Research Division
I’ll just kick us off with a very exciting safe harbor statement. Today’s discussion may contain forward-looking statements that are subject to various risks and uncertainties and may reference non-GAAP financial measures. Please refer to Intel’s most recent earnings release and annual report on Form 10-K and other filings with the SEC for more information on the risk factors that could cause actual results to differ materially, and for additional information on Intel’s non-GAAP financial measures, including reconciliations where appropriate to the corresponding GAAP financial measures.
David Zinsner
Executive VP, CFO and Principal Financial & Accounting Officer
Good job.
Question-and-Answer Session
Melissa Weathers
Deutsche Bank AG, Research Division
So I think you guys have had a very busy month this month. So it’s great to connect. I think if we could kick it off, can you talk about your historic equity offering that you did earlier this month? I think the final number was about $23 billion working capital raise. So talk about what were — what was the reasoning behind that financing action? Where is the capital going towards? And what does this say about how you’re feeling about the core business at this
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