by: Elizabeth Balboa, Benzinga Staff Writer
Intel Corporation INTC fell 3 percent pre-market Wednesday on a Register report that its x86-64 processors, devices produced throughout the last decade, has a major security flaw compromising information stored in the kernel memory.
The solution, a software overwrite of affiliated operating systems including Windows, Linux and macOS to isolate the kernal memory from user processes, could slow OS performance between 5 and 30 percent, according to The Register. Microsoft Corporation MSFT 0.3% and other affected device makers are said to be developing patches for release next week.
The flaw is significant to Intel, which has profited off the semiconductor industry's recent explosion and stands to lose a sizable part of the market. This November saw the global space grow 21.5 percent year over year to $37.7 billion, according to the Semiconductor Industry Association.
Intel's failure has been well-received by market peers, though:
- Advanced Micro Devices, Inc. AMD 7.38% spiked 6.9 percent in pre-market trading
- NVIDIA Corporation NVDA 5.15% 2.1 percent
- Micron Technology, Inc. MU 1.99% 1.8 percent
- Taiwan Semiconductor Mfg. Co. Ltd. (ADR) TSM 1.46% 0.4 percent
- STMicroelectronics NV (ADR) STM 1.52% 1 percent
- Market Vectors Semiconductor ETF (MUTF: SMH) 2.7 percent
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