Intel’s CEO sold off the majority of his stock after finding out about the chip flaws

Intel’s CEO sold off the majority of his stock after finding out about the chip flaws

6 years ago
Anonymous $1bh8zaeyQS

https://qz.com/1171811/intel-intc-ceo-brian-krzanich-sold-off-the-majority-of-his-stock-after-finding-out-about-the-meltdown-and-spectre-security-flaws/

A massive flaw in the way computer processors have been designed over the last two decades could leave just about every computer, mobile device, and server vulnerable to hacking, a group of security researchers announced yesterday, Jan. 3.

Intel chips dating back to 1995 are potentially affected by one flaw, nicknamed Meltdown by the researchers, while another, called Spectre, could potentially affect chips from all manufacturers. News of the issues sent Intel’s stock tumbling yesterday, and at the time of publishing, it was down about 3% from yesterday’s closing price.