Here's the conundrum for Intel CEO Paul Otellini. By almost any financial measure, his tenure at the top of the semiconductor giant has been a huge success. Revenue this year should hit $50 billion for the first time, up from $35 billion in 2006, his first full year in the job. Per-share profits over the same span have more than doubled. Intel has lifted its dividend 80% over that period, and gross margin has expanded by nearly 14 percentage points to an impressive 65%. And yet during Otellini's tenure the stock is down 19%.
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