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Intel Supply Update

Today, Intel published a supply update letter to customers here. Although Intel is working hard to regain supply-demand balance, it remains a challenge. Separately, Intel is reaffirming our previous guidance for the fourth quarter, issued in our earnings release dated Oct. 24, 2019.

Our guidance and other statements about future plans and expectations in this update and the linked letter are forward-looking statements. They are based on expectations as of November 20, 2019 but are subject to many risks and uncertainties that could cause actual results to differ materially from those anticipated. Important factors that could cause actual results to differ materially are set forth in Intel’s Q3 2019 earnings release and our most recent reports on Forms 10-K and 10-Q, available at intc.com.

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

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