https://www.techpowerup.com/329635/intel-0x114-microcode-could-be-the-magic-gaming-performance-fix-for-arrow-lake
 
The gaming performance of Intel's latest Core Ultra 200-series "Arrow Lake-S" desktop processors missed the mark by quite a bit, ending up slower than the 14th Gen Core "Raptor Lake" processors. Adding pressure to Intel is AMD's recent launch of the Ryzen 7 9800X3D, which extends the company's leadership in gaming performance, ending up to 12% faster than the top Core Ultra 9 285K at gaming (1080p). The company then announced that it has identified possible reasons why gaming performance of "Arrow Lake" ended up below expectations, and that it's working on a microcode-level update to the processor.

A discussion in the ASUS ROG Forums sheds light on what this microcode update could be. Allegedly, it's called the Intel 0x114 Microcode Update, and you can expect it soon in a beta UEFI firmware update from ASUS and other motherboard vendors, which makes it possible that we see a public release of the microcode either by yearend, or in Q1-2025. There's still no word on the extent of gaming performance gain from this microcode, but if we were to speculate, Intel wouldn't bother with such an update if it didn't at least bring "Arrow Lake" to the same gaming performance level as "Raptor Lake," if not higher.
 
If Intel had a better beta testing this issue would have been caught sooner in my opinion. 

 
Yeah this release has not been good for Intel.

Unfortunately, once the damage is done to the CPU, there is no reversing it. 

Bobmitch
Unfortunately, once the damage is done to the CPU, there is no reversing it. 

Different topic. This is for Arrow Lake and it's supposedly one of the performance/stability fixes required to make it meet their internal expectations. According to their own leadership's response to the launch, they said there were issues with:
microcode, BIOS settings, Windows scheduler, and even more issues? It seemed like there would be BIOS updates (including microcodes), and Windows updates required to get these performing as they expected. Even then, I don't think they'd really compete in games with 9800X3D. They just may catch up to and pass Raptor Lake. The Raptor Lake micro-code updates for damage avoidance is a separate topic.