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Intel Faces $15 Billion Stock Offering as Institutions Add Shares

Intel logoIntel
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R Squared Ltd added to its Intel position via a Q2 13F filing, buying 6,439 shares worth about $899,000. It was after other major investors increased holdings as well, with 64.53% of Intel stock held by institutional investors. Intel’s CEO Lip-Bu Tan reportedly bought 105,000 shares, and Intel reported $0.42 EPS, topping consensus, while also embarking on a $15 billion stock offering.

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