Intel CEO Chen Liwu sought approval from the US government before the company issued additional shares. As Intel prepared to announce its share issuance plan last week, Chen Liwu telephoned US Secretary of Commerce Howard Lutnick. The US government finally decided not to participate in this stock offering, but Lutnick approved the plan.

Intel CEO Chen Liwu sought approval from the US government before the company issued additional shares. As Intel prepared to announce its share issuance plan last week, Chen Liwu telephoned US Secretary of Commerce Howard Lutnick. The US government finally decided not to participate in this stock offering, but Lutnick approved the plan.