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Short Take: Intel CEO to sell 700,000 shares

Intel chief executive Craig Barrett plans to sell 700,000 of his shares in the chip giant, according to a filing with the Securities and Exchange Commission. Barrett's pending sales stems from options that will be expiring in the coming months, an Intel spokesman said.

Intel chief executive Craig Barrett plans to sell 700,000 of his shares in the chip giant, according to a filing with the Securities and Exchange Commission. Barrett's pending sales stems from options that will be expiring in the coming months, an Intel spokesman said.