Ina Fried Jan 3
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Intel doesn't expect massive vulnerability to hit bottom line
Photo: Chesnot / Getty Images

Intel said Wednesday that it doesn't expect a significant financial impact from a just-disclosed security vulnerability affecting nearly all modern chips.

"As we look at it we don't see it as any financial impact," corporate VP Stephen Smith said on a conference call with analysts.

Why it matters: Although the vulnerability is massively widespread, Intel doesn't see the costs of mitigating the issue hurting its profits or market share.