Intel falls strongly on the stock market, after knowing the important security problem, something that AMD positively collects, while a few days ago, Brian Krzanich, CEO of Intel, sold a large number of shares.
Intel's problems continue to increase their problems. After the security flaw of processors based on the x86 architecture was announced, which causes that when a system runs two different virtual machines, the memory of the other can be accessed without the need for permissions. This is a very serious problem for data centers, servers and cloud systems. It has been corrected by a software patch that causes a performance loss of up to 35%, something that is very remarkable for giants like Google, Amazon or Microsoft, who make use of Intel processors.
This problem is being noticed in the company's shares, which have plummeted in the stock market, which has caused, on the other hand, that AMD benefits from this, since its shares have risen significantly, since apparently its processors are exempt from this security problem. This makes it a better option in the server processor market, offering a good performance / price ratio in the market. The problem with AMD is that it could be weighed down by the security patch, although it does not affect its performance.
We must add to this that the CEO of the company, Brian Krzanich, who has held the position since 2013, could know in advance that this information would reach the general public and on November 29, he sold 245.749 shares, out of the total of 495.743 shares he had in his wallet, which had a value of 11 million dollars. Now he will have 250.000 shares, which is the minimum number of shares that he must own in order to continue being the CEO of the company, so he has not removed them all from him.