Intel’s chief financial officer said the company plans to sharply raise capital expenditures in 2027, according to a July 24 update cited by BlockBeats. The executive also said Intel will buy 40% more chipmaking equipment in 2026 than it does in 2025. The brief update identified Intel under the ticker INTC.O and focused on the company’s planned investment pace over the next two years. No further breakdown of the spending plan or equipment purchases was disclosed in the source text.
Intel’s chief financial officer said the company plans a sharp increase in capital spending in 2027, according to a July 24 update from BlockBeats.
The executive also said Intel will purchase 40% more chip manufacturing equipment in 2026 than in 2025. The company was identified in the report as Intel (INTC.O).
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