AMD hit by double class action suit over Spectre vulnerabilites

Spectre variant 2 got AMD involved in the double class action suit. (Source: Google)
Spectre variant 2 got AMD involved in the double class action suit. (Source: Google)
Rosen and Pomerantz law firms representing AMDs investors claim that the processor maker had prior knowledge about the Spectre variant 2 vulnerability. Investors are also claiming that the stock prices have dropped upon the release of BIOS updates for the Spectre variant 2 vulnerability.
Bogdan Solca,

The Meltdown/Spectre vulnerability issues have taken the PC world by storm immediately after the beginning of 2018. Solutions have already been issued, be them from Microsoft or from processor manufacturers, but hackers still managed to profit from all the confusion, as exploits now come in the form of fake patches claiming to provide the necessary protection against the two vulnerabilities.

Intel seems to be affected by these problems the most, as all the vulnerabilities are inherent to each and every Core family of processors in existence (first Core CPUs were launched back in 2006). AMD, on the other hand, immediately stated that its Zen-based CPUs (Ryzen and Threadripper) are only partially affected. The Meltdown vulnerability does not affect AMD’s processors at all, but things get blurry as far as Spectre is concerned. There are two Spectre variants, and AMD said that its CPUs are only vulnerable to variant 1, while variant 2 had “near-zero risk of exploitation”. After a while, AMD reconsidered its statements by claiming it already issued “optional” CPU microcode updates for variant 2. This sudden change in statements makes up the bulk of the reason why the Rosen and Pomerantz law firms are suing AMD.

The two law firms represent the most important AMD investors that apparently were not informed about the vulnerabilities and the value of the AMD stock supposedly dropped amidst the vulnerability debacle. The reality is that the AMD stock took an insignificant hit immediately after AMD announced the BIOS microcode updates, but it recovered in no time. The real issue is the release of the BIOS updates for Spectre variant 2, when AMD claimed that this particular variant was not an issue.

AMD claims that these allegations are without merit and it is ready to fight the two law firms in court.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 01 > AMD hit by double class action suit over Spectre vulnerabilites
Bogdan Solca, 2018-01-18 (Update: 2018-01-19)
Bogdan Solca
Bogdan Solca - News Editor
I stepped into the wonderous IT&C world when I was around 7. I was instantly fascinated by computerized graphics, be them from games or 3D applications like 3D Max. I like to keep myself up to date with all the new technologies that get released at an ever increasing rate these days. I'm also an avid SciFi reader, an astrophysics aficionado and, as of late, a crypto geek.