Intel has a history of using its cash for dividends and stock buybacks. Management and shareholders have benefitted tremendously from this setup over the years.

Intel has a history of using its cash for dividends and stock buybacks. Management and shareholders have benefitted tremendously from this setup over the years. Meanwhile other tech companies either constantly reinvested in their business (e.g. Amazon) or hoarded cash for a rainy day. Intel's management will celebrate this the most.