Patrick Paul Gelsinger, the legendary founder of Intel (INTC), is a much-respected name in the annals of Silicon Valley. Intel stock might be underperforming this year as it transitions to a foundry, but it's still one of the world's largest semiconductor chip manufacturers by revenue. Notably, the veteran CEO seems to think his stock is a bargain, scooping up INTC stock worth nearly $500,000 in four tranches so far this year.
Gelsinger's purchases of Intel have been roughly timed to the chip company's quarterly earnings events, buying the dip a few days after the news as investors sold into soft revenue guidance with each report.
