Paul Alcorn take here. He says the microcode is the root cause:
"Intel's advisory says an erroneous CPU microcode is the root cause of the incessant instability issues...."
He also says the damaged chips stay damaged:
"The bug causes irreversible degradation of the impacted processors. We're told that the microcode patch will
not repair processors already experiencing crashes, but it is expected to prevent issues on processors that aren't currently impacted by the issue. For now, it is unclear if CPUs exposed to excessive voltage have suffered from invisible degradation or damage that hasn't resulted in crashes yet but could lead to errors or crashes in the future.
Intel advises all customers having issues to seek help from its customer support. Because the microcode update will not repair impacted processors, the company will continue to replace them. Intel has pledged to grant RMAs to all impacted customers."