AMD is gaining as Intel scrambles to fix security flaw (AMD, INTC)

AMDReuters/Arnd Wiegmann

AMD is rising after its rival central processing unit maker, Intel, was reported to have a security issue embedded in its hardware.

AMD shares are up 6.51% at $11.69 on Wednesday, while Intel shares slipped 2.45% to $45.70.

Intel’s CPUs released over the last 10 years are reportedly be subject to a hardware bug that could allow hackers to access files, passwords, and other important security keys from Intel’s chips, The Register reports. Programmers have been working on a fix for Windows and Linux for months. Apple will need to release a fix as well, as the bug affects any system using Intel’s hardware.

Details of the bug are currently being kept confidential in an attempt to mitigate any potential attacks while a fix is being found.

The issue lies in how applications talk to the computer hardware. The current fixes for Linux and Windows systems are reportedly leading to performance hits as high as 30%, according to The Register.

AMD has said its chips do not possess the same security flaw.

Read about a “submarine trend” that is affecting nearly every tech company you know.

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