No, it's a software problem, most likely the chipset driver is corrupted. If you're lucky the cause of the corruption hasn't destroyed any other file and in that case you will be able to boot in Safe Mode - in there update all your drivers. If you fail to load into Safe Mode then the damage is to great - your last hope to avoid a full reinstall and lose everything in the process is to perform a Repair: boot from cd and skip the first Press R for repair and go the setup and after you press F8, use the R for repair and it will check and replace all your system files.
Answers & Comments
No, it's a software problem, most likely the chipset driver is corrupted. If you're lucky the cause of the corruption hasn't destroyed any other file and in that case you will be able to boot in Safe Mode - in there update all your drivers.
If you fail to load into Safe Mode then the damage is to great - your last hope to avoid a full reinstall and lose everything in the process is to perform a Repair: boot from cd and skip the first Press R for repair and go the setup and after you press F8, use the R for repair and it will check and replace all your system files.