Intel facing three lawsuits over chip security flaw

Intel is facing three separate class-action lawsuits over the massive chip security flaw that was discovered this week, the Guardian reports.

Why it matters: The vulnerabilities, called Meltdown and Spectre, are found in most processors today. Axios' Ina Fried reported earlier this week that class-action lawsuits were a possibility, and the Guardian reports this is "just one cost Intel will face." The three lawsuits cite security vulnerability, Intel's delayed announcement to the public, and the possibility of a computer slowdown that could be a side-effect of fixing the problem (which Intel denies), according to the Guardian.