The bad news is that the update will not work on CPUs already experiencing the Vmin Shift Instability.
The good news is that end users have already begun receiving replacements under Intel’s warranty program.
Tom’s Hardware notes that companies have alreadyimplementedthe 0x12B microcode update into their latest firmware.

The update should help mitigate Vmin Shift instability issues.
The Taiwanese manufacturer has decided to first bring the 0x12B update to its top performers.
However, we can expect the new microcode to eventually work its way into other models after validation.
MSI is the only other OEM implementing the microcode, but only for a few of its Z790 motherboards.
Meanwhile, Gigabyte, Aorus, and other third-party manufacturers still lack the all-important fix in their products.