Intel CEO Chen Liwu personally spent 12 million dollars to purchase company stock.

Intel CEO Chen Lifeng will personally invest $12 million to participate in the company's expanded stock offering, which will reach a total size of $20 billion. According to a supplemental filing submitted by Intel to the U.S. Securities and Exchange Commission on Wednesday, Chen and a family member have agreed to purchase a total of $12 million in Intel stock as part of this offering. Intel announced on Tuesday that it will issue 210,526,315 shares at a price of $95 per share, increasing the total amount of the offering from the previously announced $15 billion to $20 billion, and granting underwriters a 30-day option to purchase an additional 31,578,947 shares.