Last Updated on November 29, 2019 by Christopher G Mendla
According to an article by an article on CNBC, Intel’s CEO reportedly sold shares after the company already knew about massive security flaws.
He made something like 25 MILLION in the deal.
Meanwhile, if if Intel stock tanks because of the vulnerability, people like you and I will take a hit if our 401k’s have any Intel stock.
Intel CEO Brian Krzanich sold off a large chunk of his stake in the company last year — after the chipmaker was already aware of serious security flaws in its computer processors, according to multiple reports.
This issue is going to evolve quite a bit before it settles down.
See other posts from this blog regarding Meltdown
See other posts from this blog regarding Spectre
Note – until things settle down the Meltdown tag will give all related posts (as of Jan 2018)