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Intel CEO buys nearly $10 million in shares as stock slips
The buy comes after Intel shares have fallen more than 30% from their highs, even as the company reported 25% plus year over year sales growth in Q2 and AI data center sales rose 59%.
Insider buying is often viewed as a signal of confidence when executives step in after a stock has weakened, and one of the most notable recent purchases highlighted by MarketBeat Ratings involves Intel.
MarketBeat Ratings says Intel’s CEO, Lip Bu Tan, bought just under $10 million worth of Intel shares at $95, which was described as moderately above recent prices. The outlet also notes Intel insiders have not been selling heavily, with Tan’s purchase valued about double Intel’s $4.99 million in insider sales over the prior 12 months.
The story places the purchase against the backdrop of Intel’s stock performance, saying shares have fallen more than 30% from their highs even after a more than 140% run in 2026. It also points to company fundamentals, including sales growth of more than 25% year over year in Q2, Intel’s fastest growth rate since 2011, plus AI data center sales rising 59% year over year in Q2.
MarketBeat Ratings further cites that Intel said its server CPU demand outlook improved, and it forecast double digit industry unit growth in 2026 and 2027, while also describing U.S. government support as strategically important for the company.