Regulation FD Disclosure.
On November 20, 2019, Intel Corporation (“Intel”) issued an open letter to customers discussing continued supply challenges, including shipment delays, for the company’s PC client products during the fourth quarter. A copy of the letter is attached to this report as Exhibit 99.1.
Separately, Intel is stating in this report that it is reaffirming its previous guidance for the fourth quarter issued in its earnings release dated October 24, 2019.
This report and the letter attached as Exhibit 99.1 contain forward-looking statements relating to Intel’s business outlook for the fourth quarter of 2019 and expectations regarding increases in supply and output capacity, as well as other statements that refer to future plans and expectations. Such statements involve a number of risks and uncertainties. Words such as “anticipates,” “expects,” “intends,” “goals,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” “will,” “would,” “should,” “could,” and variations of such words and similar expressions are intended to identify forward-looking statements. Statements that refer to or are based on estimates, forecasts, projections, uncertain events or assumptions, and anticipated trends in our businesses or the markets relevant to them, also identify forward-looking statements. Such statements are based on management’s expectations as of the date they were first made and, except as required by law, Intel disclaims any obligation to update these statements to reflect future events or circumstances. Forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from the company’s expectations include changes in market conditions, supply constraints and other disruptions, changes in capital requirements, and other factors set forth in Intel’s earnings release dated October 24, 2019, which is included as an exhibit to Intel’s Form 8-K furnished to the Securities and Exchange Commission (“SEC”) on such date. Additional information regarding these and other risk factors that could cause actual results to differ materially is included in Intel’s most recent Annual Report on Form 10-K and subsequent periodic reports on Form 10-Q, filed or furnished with the SEC and available at Intel’s investor relations website at www.intc.com and the SEC’s website at www.sec.gov.
The information in Item 7.01 of this report is furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.