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.