- Intel (NASDAQ:INTC) is bouncing back and trimming today's losses, now down just 4%, after responding to reports alleging a security flaw in its processor chips caused kernel redesigns.
- INTC had been down as much as 6.8% today. AMD's (NASDAQ:AMD) gains are tailing off a bit as well, trimmed to a 6.9% increase.
- Intel says reports that exploits were caused by a "bug" or "flaw" unique to its products are incorrect, and that it believes the exploits don't have the potential to corrupt, modify or delete any data.
- "Based on the analysis to date, many types of computing devices — with many different vendors’ processors and operating systems — are susceptible to these exploits," it says.
- It also says it's providing software and firmware updates to address the exploits.
- Previously: AMD +6.7% on Intel chip flaw report (Jan. 03 2018)
- Now read: Intel-AMD Graphics Partnership Agreement Has Negative Implications To Nvidia
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