True and as the story progresses it looks like it’s a wider issue and has multiple impacts on different chips.
What are the bugs?
There are two separate security flaws, known as Meltdown and Spectre.
Meltdown affects laptops, desktop computers and internet servers with Intel chips.
Spectre potentially has a wider reach. It affects chips in smartphones, tablets and computers powered by Intel, ARM and AMD.
Source:
http://www.bbc.com/news/technology-42562303