Intel on Wednesday responded to reports of a design flaw in some of its processor chips, saying that claims that these are “unique” to its products are incorrect and that it had planned to disclose the issue next week.

Intel shares had declined earlier in the day on a report from technology website The Register that a design flaw in Intel’s processor chips has left computers’ so-called kernel memory —typically earmarked for tasks like protecting passwords, login keys, and so on — vulnerable. But in a statement on Wednesday, the company said “these exploits do not have the potential to corrupt, modify or delete data”.

Intel added:

Recent reports that these exploits are caused by a “bug” or a “flaw” and are unique to Intel products are incorrect. Based on the analysis to date, many types of computing devices — with many different vendors’ processors and operating systems — are susceptible to these exploits.

Intel is committed to product and customer security and is working closely with many other technology companies, including AMD, ARM Holdings and several operating system vendors, to develop an industry-wide approach to resolve this issue promptly and constructively.

The statement also denied the report’s claim that it could cause a 5 to 30 per cent operational slowdown, noting that “any performance impacts are workload-dependent, and, for the average computer user, should not be significant and will be mitigated over time”.

The US chipmaker said it had originally planned to disclose security issues next week when more software and firmware updates would be available, but that it was issuing a statement because of “the current inaccurate media reports”.

Intel said it has already begun providing software and firmware updates to address the issue. Intel shares were down 4.2 per cent to $44.87 at pixel time.

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