Unable to Launch DaVinci Resolve with Intel® Graphics

DaVinci Resolve fails to launch and returns error:

DaVinci Resolve Update Notification: intel hardware accelerated decode and encode have been disabled as the current intel graphic driver is not compatible with DaVinci resolve. please update your drivers to enable this feature.

How to Update Intel Graphics Driver

How to Install an Intel® Graphics Driver in Windows® 10 & Windows 11*

Steps to check if a system with Intel Graphics compatible with DaVinci Resolve 18:

• Check DaVinci Resolve 18’s System Requirements.

  Note

  The integrated Intel® processor graphics hardware doesn't use a separate memory bank for graphics/video. Instead, the Graphics Processing Unit (GPU) uses system memory. The Intel® graphics driver works with the operating system (OS) to make the best use of system memory across the Central Processing Units (CPUs) and GPU for a computer’s current workload.

• If you are still having issues, contact your OEM.