Intel Corp. (INTC) Chief Executive Paul Otellini told Fox Business Network on Thusday that he is "comfortable" with the way the chipmaker's latest earnings report, released Wednesday, was received.
He said total shareholder return, over the past 12-18 months, has outperformed "virtually everyone."
Otellini also said he has been invited to and will attend Berkshire Hathaway Inc.'s (BRKA) annual shareholder meeting in May. Berkshire Hathaway, led by billionaire investor Warren Buffett, began acquiring stock in Intel last November.
Dow Jones Newswires; 212-416-2900
Order free Annual Report for Berkshire Hathaway, Inc.
Visit http://djnweurope.ar.wilink.com/?ticker=US0846701086 or call +44 (0)208 391 6028
Order free Annual Report for Intel Corp.
Visit http://djnweurope.ar.wilink.com/?ticker=US4581401001 or call +44 (0)208 391 6028