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Intel CEO Krzanich slashed inventory holdings at finish of final 12 months

Intel CEO Brian Krzanich bought off a bit of firm inventory within the fourth quarter of final 12 months, bringing his holdings to a five-year low.

The sale has captured consideration because of revelations that Intel chips are probably susceptible to hackers. Studies of the difficulty weighed on the shares and prompted the corporate to acknowledge the issue on Tuesday, saying its chips weren’t the one ones affected and predicting no materials impact on its enterprise.

“Brian’s sale is unrelated,” an organization spokesman stated. “It was made pursuant to a prearranged inventory sale plan with an automatic sale schedule. He continues to carry shares according to company pointers.”

Based on filings, on Nov.

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