They can sell some of those shares they spent $60bn dollars buying back to get the executives big bonuses to raise cash.
Posts by Evilpaul
3 publicly visible posts • joined 19 Oct 2021
For its big comeback, Intel needs to spend money – and it's making less and less of it
Intel teases 'software-defined silicon' with Linux kernel contribution – and won't say why
Tuesday 19th October 2021 12:14 GMT
If Intel hadn't spent 81 billion dollars in stock buybacks since 2009, far more than they spent on R&D while they have languished on 14nm, then they wouldn't "need" the new nickel and dime revenue stream. They don't, anyway, because they're getting 50 billion from tax payers to build factories. But at least their former CEO got nice bonuses and shareholders made out.