Buy Low, Sell High: Intel Boosts its Massive Sale of Shares

Big Tech, after years of incinerating vast amounts of cash with share buybacks, is now raking the cash back in with share sales at sky-high prices. By Wolf Richter for WOLF STREET. Intel’s shares had spiked by 576% from August last year to the peak of $142 at the end of June, amid the general AI investment mania, [...] The post Buy Low, Sell High: Intel Boosts its Massive Sale of Shares appeared first on CBNC .