Intel warned investors that the rapidly deteriorating economic situation caused by the ongoing pandemic could begin to erode the company's financial standing in a U.S. Securities and Exchange Commission filing today.

All of the countries in which Intel operates have taken steps to control the spread of COVID-19, but there remains "considerable uncertainty" as to how these measures could affect the company's operations, it said.

"The spread of COVID-19 has caused us to modify our business practices (including employee travel, employee work locations, and cancellation of physical participation in meetings, events, and conferences), and we may take further actions as may be required by government authorities or that we determine are in the best interests of our employees, customers, partners, and suppliers," according to the filing.

However, Intel admitted that there is no guarantee that the actions taken to control the spread of the virus will be sufficient or that those actions won't disrupt the company's operations.

The SEC filing comes just days after Intel CEO Bob Swan attempted to address COVID-19 concerns and reassure customers that the chipmaker's business was on track. "While this remains a developing situation, Intel factories around the world continue to operate on a relatively normal. We are here for you," Swan wrote.

In the letter, Swan touted the company's ability to keep its "on-time" deliveries above 90%. However, as noted in today's SEC filing, the company's ability to keep up with demand could decline as states and countries take more extreme measures to limit the spread of the virus.

"As you and your teams navigate the next few months, there will be challenges. I ask that you please reach out to me and my team if there is anything we can do to help you fulfill your mission or to help others who need it in the crisis," Swan wrote.

In response to the COVID-19 pandemic, Intel will also suspend nearly $13 billion in planned stock buybacks.

While the chipmaker plans to keep its factories operational throughout the outbreak, "Intel's management believes that suspension [of stock buybacks], while conservative, is prudent given uncertainty regarding the length and severity of the pandemic."

Intel claims the halt in buybacks will not, however, affect dividend payments to shareholders and the company will resume buybacks as circumstances change.

To date, Intel has repurchased approximately 7.6 billion in shares of the planned $20 billion announced in October 2019, leaving nearly $13 billion in stock repurchases on hold indefinitely.