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American chip manufacturing giant Intel has raised a huge amount of record $20 billion through share sale for the expansion of its business and financial strength. The special thing is that the company had initially set a target of raising $15 billion, but due to the tremendous demand received from investors, the size of this offer had to be increased. The huge enthusiasm of investors clearly shows how strong the confidence of investors remains in the Artificial Intelligence (AI) and semiconductor business in the world market even today. Let us know where and how Intel is going to use this huge amount of money. The offer size was increased after tremendous demand from investors. This share sale by Intel has received an unprecedented response from investors. The company sold shares at a price of about $95 per share, about 6.5 percent below the previous session's closing price. According to the report, a total demand of more than 100 billion dollars was registered from investors for this entire issue. Such a huge demand proves that investors have a very positive outlook regarding the future growth in the tech and AI sector globally. This capital infusion has come for the company at a time when it is going through a tough struggle and strategic changes to reposition its business and regain its lost credibility in the semiconductor market. Preparing to compete with TSMC in contract chip manufacturing, Intel, once ranked among the world's most influential and leading chip companies, is now making a major change in its strategy. The company now wants to strengthen its position mainly in the business of 'contract chip manufacturing' i.e. making chips for other big companies. In this segment, it has direct competition with companies like Taiwanese giant TSMC. In today's digital age, due to the rapidly increasing use of AI, the demand for advanced chips and their state-of-the-art packaging is skyrocketing. This is why Intel is investing heavily in setting up new manufacturing plants, adopting advanced packaging technologies and increasing its production capacity manifold. Where will this huge amount of 20 billion dollars be used? According to the information given by Intel, this $ 20 billion amount raised through share sale will be used mainly to meet the general corporate needs of the company. This mainly includes capital expenditure i.e. setting up new factories and state-of-the-art equipment, strengthening working capital and other business expenses. The main objective of the company on one hand is to take its production capacity to new heights and on the other hand to create a strong balance sheet. This capital will also help the company rapidly capitalize on future growth opportunities and preserve its investment-grade credit rating.