I had the same problem. I was running it on a fresh Win 7x64 Ultimate ....Sony Vaio Laptop. To fix it I killed the process using process explorer (restarting the computer would work too). Then I navigated to the Intel Chipset Device Software installation file (exe).
- Select the installation file
- Right-click on the installation file
- Select "Properties" at the bottom of the right-click dialog that opens up.
- Select the "Compatibility" tab from the dialog that opens up next.
- Select "Change Settings for all Users"
- In the "Compatibility Mode" group place a check mark by "Run this program in compatibility mode for:"
- The drop-down for selecting your current OS will become selectable.
- In my case I went straight to the bottom and selected "Windows 7"
- For good measure (maybe not necessary or advisable) I I put a check mark by "Run this program as an administrator" located at the bottom of the same dialog in the "Privilege Level" group.
- Click "Apply" in the bottom right corner.
- Click Ok
- Click Ok (again)
Run the program again and it should work a lot better. The problem for me was that it was set to run in compatibility mode for WIndows XP. I am guessing that this is some sort of industry standard technique that is meant to kick off the Windows OS Compatibility Troubleshooter if conflicts arise. But it sometimes doesn't work. Please correct me (someone who knows better), if the above information is erroneous.