[January 17, 2018]

INTC INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of Intel Corporation Investors

Law Offices of Howard G. Smith continues its investigation on behalf of Intel (News - Alert) Corporation ("Intel" or the "Company") (NASDAQ: INTC) investors concerning the Company and its officers' possible violations of federal securities laws.

On January 2, 2018, news media reported that a significant design flaw in Intel's processor chips could allow malicious software to read protected areas of a device's kernel memory, causing Intel's processor chips to be "vulnerable to hackers" and "raises concerns about the company's main products and brand." The Register (News - Alert) reported that the operating system updates necessary to address the vulnerablity would likely result in "a ballpark figure of five to 30 percent slow down, depending on the task and the processor model," for Intel-based computing devices. In addition, Intel CEO, Brian Krzanich allegedly sold nearly $40 million worth of Intel shares after learning of the processor flaw.

On this news, shares of Intel fell $1.85, or 3.94%, to close at $45.00 on January 3, 2018, thereby injuring investors.

If you purchased Intel securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180117006405/en/

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