Intel told investors Thursday that the company is working “around the clock” to tackle the security issues stemming from the Spectre and Meltdown flaws and that it will release updated chips later this year to provide a long-term solution.

The flaws could allow hackers to steal stored data — including passwords and other sensitive information — on desktops, laptops, mobile phones and cloud networks around the globe.

Intel said in its forward-looking statement that it may continue to face “product claims, litigation, and adverse publicity” stemming from the security vulnerabilities and attempts to protect against them, with both possibly harming its operations and customer relationships.

Chief executive Brian Krzanich said on the call that despite the discovery of the flaws, the company's financial outlook has not changed, adding that Intel does not expect any “material impact” on its spending or product costs.

Microsoft recently suspended sending some Windows updates to address the flaws after some people whose computers use AMD processors reported that their devices did not reboot after installing the new patches.