[HDA-Intel - HDA Intel, playback] CPU hangs in almost every minute, display jams, sound fails after a while

The playback used to work back in Hardy Heron. I just tested it in live session with kernel 2.6.24-26-generic i686 today. But then recording through stereo mics of the laptop did not work. This bug has been there at least since Lucid Lynx.

This has been reported bug #882566 originally.

ProblemType: Bug
DistroRelease: Ubuntu 14.04
Package: alsa-base 1.0.25+dfsg-0ubuntu4
ProcVersionSignature: Ubuntu 3.13.0-30.55-generic 3.13.11.2
Uname: Linux 3.13.0-30-generic x86_64
ApportVersion: 2.14.1-0ubuntu3.2
Architecture: amd64
AudioDevicesInUse:
 USER PID ACCESS COMMAND
 /dev/snd/controlC1: liisa 1763 F.... pulseaudio
 /dev/snd/controlC0: liisa 1763 F.... pulseaudio
 /dev/snd/pcmC0D0p: liisa 1763 F...m pulseaudio
CurrentDesktop: Unity
Date: Tue Jul 8 12:09:54 2014
InstallationDate: Installed on 2014-07-06 (1 days ago)
InstallationMedia: Ubuntu 14.04 LTS "Trusty Tahr" - Release amd64 (20140417)
PackageArchitecture: all
SourcePackage: alsa-driver
Symptom: audio
Symptom_Card: RV710/730 HDMI Audio [Radeon HD 4000 series] - HDA ATI HDMI
Symptom_Type: Sound works for a while, then breaks
Title: [HDA-Intel - HDA Intel, playback] fails after a while
UpgradeStatus: No upgrade log present (probably fresh install)
dmi.bios.date: 06/18/2008
dmi.bios.vendor: COMPAL
dmi.bios.version: 1.18
dmi.board.name: IFL90
dmi.board.vendor: -
dmi.board.version: IFT00
dmi.chassis.asset.tag: -
dmi.chassis.type: 10
dmi.chassis.vendor: No Enclosure
dmi.chassis.version: N/A
dmi.modalias: dmi:bvnCOMPAL:bvr1.18:bd06/18/2008:svn-:pnN/A:pvrN/A:rvn-:rnIFL90:rvrIFT00:cvnNoEnclosure:ct10:cvrN/A:
dmi.product.name: N/A
dmi.product.version: N/A
dmi.sys.vendor: -