Intel Corp. is expected to post broadly flat third-quarter earnings as global chip-shortages eat into potential sales and as Chief Executive Pat Gelsinger ramps up the chip giant’s plant investments.

The world-wide chip shortage has caused car makers to idle plants and has led to higher prices on some electronics. Laptop makers have said shortages of some components have weighed on shipments, causing backlogs to swell.

This post first appeared on wsj.com

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