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

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

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16 segments

0:00

We're raising our outlook for 2026 and

0:02

now expect our CapEx to be more than $20

0:05

billion,

0:06

which is up significantly versus our

0:08

expectations entering the year. As a

0:10

result, we're forecasting 2027 capital

0:12

expenditures to be significantly above

0:15

the 2026 levels with the vast majority

0:18

spent across our US network.

0:20

In fact, as we look back from 2021

0:23

through 2026, our total capital spending

0:26

in tools and space in the US

0:28

is approaching $100 billion,

0:31

significantly higher than any other

0:32

semiconductor company over that time

0:34

frame.

Interactive Summary

The company has announced a significant increase in its capital expenditure outlook for 2026 and 2027, driven primarily by investments in its US network. Total spending in the US between 2021 and 2026 is expected to approach $100 billion, marking the highest investment level among semiconductor companies for that period.

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