The sudden sale was considered quite odd as it left Krzanich with only 250,000 shares of Intel stock, the minimum amount that Intel requires Krzanich to hold as part of his employment agreement. "Based on the analysis to date, many types of computing devices - with many different vendors' processors and operating systems - are susceptible to these exploits", the company said.
Intel shares fell nearly 2 per cent on Thursday as investors were worried about the potential financial liability and reputational damage from the recently disclosed security issues.
According to VentureBeat, Intel has issued a "timetable for updates to render recent computers "immune" to the exploits". Fixes will involves software and firmware updates on both the hardware and the software sides.
According to the publication, only the developers of the operating systems can correct this defect. "Intel has already issued updates for the majority of processor products introduced within the past five years", says an Intel spokesperson. Additional changes are anticipated to be coming to 10.13.3, which is currently in beta testing. The flaw could allow hackers to see inside a kernel's memory to access sensitive information of the user or exploit more malware. Some say performance speeds of Intel computers with older processors could slow down by as much as 30 per cent, though newer Skylake processors might not have face a severe impact.
Intel also said it doesn't expect a major performance hit to its processors when it launches the fix, which was a concern of Google's.
Desktop, Laptop, and Cloud computers may be affected by Meltdown.