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Intel said on Friday that an internal error was responsible for a data leak that prompted it to release a quarterly earnings report earlier. He said his corporate network was not compromised, reversing a previous statement.
The company’s chief financial officer, George Davis, previously told the Financial Times that Intel released its earnings before the market closed on Thursday because it believed a hacker had stolen financially sensitive information from the site.
The company’s quarterly results were initially due to be released a few hours later after the close of trading on Wall Street on Thursday.
“An infographic has been hacked onto our news site,” Davis said, quoting the newspaper. He quoted an anonymous company spokesperson as saying that Intel had been told the graphic was circulating outside the company.
Quick access to this information could benefit a stock trader.
Intel issued a statement on Friday saying it had determined that no hacking had taken place.
He said, “The URL for our income infographic was inadvertently made available to the public before our income was released and viewed by third parties. Once we became aware of the situation, we quickly released our earnings announcement. Intel’s network was not compromised and we have adjusted our process to avoid this in the future. “
The company’s stock price closed more than 9% lower on Friday as investors reacted to signals from new CEO Pat Gelsinger that he does not foresee any major changes in the company’s manufacturing strategy. Intel had considered sending advanced manufacturing products to competitors, and some investors had pushed to dismantle the company.
Intel is Oregon’s largest corporate employer, with 21,000 people working on its Washington County campuses.
– The Associated Press
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