Intel keynote misses the mark on Meltdown and Spectre vulnerabilities

Intel's neuromorphic chip.		
	Intel Labs

Intel's neuromorphic chip. Intel Labs

In North America Intel is also partnering with Ferrari where the sports vehicle firm will use the artificial intelligence technologies developed by the chipmaker to apply data obtained from the racing tracks with a view to enhancing the experiences of fans and drivers. Intel and several other chipmakers have admitted to the mistakes they made in their chips.

The move, which was allegedly held while Intel knew about the vulnerabilities, left Krzanich with just 250,000 shares - the bare minimum required by Intel under the terms of his employment.

Earlier in his presentation, Krzanich showed off the cameras that provide the wraparound views of sporting events and announced that Intel has opened a testing studio in Southern California to experiment with using the same technology to make movies.

Krzanich took time to tout the company's 49-qubit chip, which he described as a "major breakthrough" for quantum computing, before touting the changes in transport Intel is helping to bring about.

Krzanich sold 245,743 shares owned by him and 644,135 shares obtained by exercising his options, under a divestiture plan put in place on 30 October past year.

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To that end, Krzanich says Intel is working to create "immersive" and "volumetric" media that could attract more interest from mainstream consumers.

Intel hasn't said when Mr. Krzanich was informed of the issue.

Mr. Silverman and other securities experts said they would expect US regulators to examine Mr. Krzanich's trade to see if it violated insider-trading regulations, although such cases are hard to win.

An SEC spokeswoman declined to comment, while a Justice Department spokesman didn't immediately respond to a request for comment. He said Intel will work with other parts of the industry to reduce this impact.

"Many such investigations ... do not proceed to any kind of civil much less criminal penalty", said Garrett, the law professor. Tech companies frequently discover security flaws, many of which are insignificant or easily fixed, he said.

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Proving that the sale was improper could be tough, legal experts say.

"This is exactly the type of report of suspicious trading that the SEC routinely investigates as well as the DOJ", said Brandon L. Garrett, a professor at the University of Virginia School of Law.

Krzanich also disclosed details for the company's new automated driving platform, which combines automotive-grade Intel Atom processors with Mobileye EyeQ5 chips to deliver a platform with scalability and versatility for L3 (Level 3) to L5 (Level 5) autonomous driving.

This "immersive media" viewing experience is also being expanded by installing cameras in players' helmets in the National Football League to provide viewers with their perspectives, Intel announced. Major companies like Google, Apple and Microsoft have already been interacting with researchers and the chip makers to roll out the fixes fast but because of the sheer number of implementations, this may end up taking some time.

The QuTech team - which received US$50 million from Intel in 2015, and separately partners with Microsoft on its topological quantum effort - is now testing the 17-qubit test chip it received from Intel in October.

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