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Intel CEO Lip-Bu Tan buys 150,000 shares for roughly $9.7 million

Intel CEO Lip-Bu Tan purchased 150,000 shares of company stock for approximately $9.71 million following a steep drop in the chipmaker's share price, according to an SEC filing.

Intel CEO Lip-Bu Tan smiling in front of a blue Intel logo installation.
Image: @StockMKTNewz

Intel CEO Lip-Bu Tan purchased 150,000 shares of company stock on Nov. 2, according to a filing submitted to the U.S. Securities and Exchange Commission. The shares were acquired under his family trust across multiple trades with prices ranging between $64.705 and $64.735, bringing the total transaction value to roughly $9.71 million.[1][2][3]

The insider purchase comes in the wake of a sharp selloff in Intel shares, which dropped roughly 50% over the preceding month to trade at $58.70. Market commentator Shay Boloor noted that Tan's purchase followed Intel's worst trading day since 1974 and added to a prior $10 million stock purchase Tan made at $95 per share in August. Boloor added that Tan is averaging down as Intel's data center and foundry units have grown 78% and 58% respectively, even while rising memory costs weigh on PC demand.[1][4][5]

Key facts

  • Intel CEO Lip-Bu Tan purchased 150,000 shares of Intel stock on Nov. 2, 2026, according to an SEC filing.
  • The transactions were conducted through multiple trades priced between $64.705 and $64.735, totaling about $9.71 million.
  • The SEC filing discloses that the shares were purchased under Tan's family trust.
  • Intel's stock had dropped roughly 50% over the past month, trading down to $58.70.
  • Market commentator Shay Boloor reported that Tan previously bought $10 million in Intel stock at $95 per share in August.
  • Boloor noted Intel's data center and foundry businesses grew 78% and 58% while rising memory costs pressured PC demand.

Sources · 5 sources

  1. SE

    Serenity@aleabitoredditPost on X ·

    New SEC filing discloses $INTC CEO buying $9.71M worth of Intel shares at $64.7 under his family trust. Pretty large vote of confidence after the 49.9% drop this month. Reminds me of the time the former $TSM chairman bought $7.8M of $MU back in the $300's. https://t.co/KLXXwqtL9f

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  2. EV

    Evan@StockMKTNewzPost on X ·

    INTEL'S CEO JUST BOUGHT $9.7M OF $INTC STOCK Intel $INTC CEO Lip-Bu Tan just filed for his purchase of 150K shares at a average price of $64.7 per share https://t.co/Z9iM7oONRU

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  3. WS

    Wall St Engine@wallstenginePost on X ·

    Intel $INTC CEO Lip-Bu Tan bought 150,000 shares on Nov. 2 at about $64.73 each, roughly $9.7 million, an SEC filing shows https://t.co/TKLAdeMtfj

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  4. SB

    Shay Boloor@StockSavvyShayPost on X ·

    $INTC CEO Lip-Bu Tan bought another $10M of stock at $65 just days after Intel’s worst trading day since 1974 which adds to $10M he already purchased at $95 in August. He’s averaging down into the selloff while Intel’s data center and foundry businesses are growing 78% and 58% even as rising memory costs weigh on PC demand.

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  5. GU

    GURGAVIN@gurgavinPost on X ·

    INTEL CEO JUST BOUGHT A $10 MILLION DOLLARS WORTH OF INTEL SHARES AT $64.73 AFTER HIS STOCK CRASHED 50% LAST MONTH $INTC https://t.co/BkGBaiK3Uh

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