Intel CEO Sells Shares Before Chip Vulnerability Exposure | SEC to Investigate

The news of the technology turmoil last week was that Intel announced a serious loophole in the underlying CPU chip. The Securities and Exchange Commission is investigating Intel CEO Brian Krzanich's massive liquidation ahead of schedule.

Shares of Intel once fell wildly after the loophole incident, when Google notified Intel about their processor problems the previous year, and Intel Chief Executive Officer Cogobuy sold a large stock of hands held by the end of November 2017 (now The remaining 250,000 shares, the minimum requirements of the employment agreement), these stocks worth 24 million US dollars.

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Intel is currently facing several lawsuits over loopholes in the underlying CPU, according to a report from Gizmodo that courts in California, Oregon and Indiana states have already received prosecutions against Intel, all of which are large-scale Collective litigation on the grounds that Intel leaked these underlying CPU vulnerabilities for a limited time and / or consumers were aware of the vulnerabilities only months after they were affected, and the SEC has also started a survey of Intel CEOs who are dumping a large number of stocks ahead of schedule. The pressure of public opinion.

'Meltdown' and 'Specter' will pose a significant threat to Intel's processors, and even AMD and ARM, and researchers began discussing chip security weaknesses as early as 2005. Subsequently, some researchers continue to discover that the Intel chip's core exists Security risks, Google 22-year-old prodigy Horn has independently found in April last year, 'melted' and 'ghost' loopholes.

After learning about the chip loophole, it took Intel a few months to co-develop with major tech companies such as Microsoft Corp. and Google Inc. in a clandestine effort to develop and update its bug fixes before finally releasing it.

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