The company said it had USD 4.7 billion remaining under its existing repurchase authorisation as of September 29.
Intel India head Nivruti Rai on Tuesday said people should take the advent of artificial intelligence as an opportunity to reskill themselves and rejected the notion that automation would replace humans with bots.
Chipmaker Intel Corp said on Thursday its board has approved a USD 15 billion increase to its share repurchase program.
The company said it had USD 4.7 billion remaining under its existing repurchase authorisation as of Sept. 29.
Intel said it returned about USD 177 billion to stockholders through dividends and stock repurchases from 1990 through the third-quarter of 2018.
( Source : reuters )
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