Asianfin – Intel CEO Pat Gelsinger has increased his stake in the company by purchasing 11,150 shares of Intel stock. According to a filing submitted to the U.S. Securities and Exchange Commission on November 6, Gelsinger acquired the shares on November 4—just one day before the U.S. presidential election—for a total cost of $251,200, at an average price of $22.529 per share. Following this purchase, Gelsinger directly owns 105,033 shares of Intel, in addition to 540,840 shares held through a trust. As of the close of U.S. markets on Thursday, Intel’s stock rose by 4.71%, closing at $26.230 per share.