Benefits of a bios update

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Add support for some newer CPUs, fixes to stability problems, ..., etc.

Sometimes the motherboard manufacturer will even list the changes made for each BIOS revision.
Generally, newer BIOS will help in regard to newer hardware, i.e. say, a new HDD or new RAM running smoothly, quickening boot up times, etc... It isn't necessary, especially on a laptop, which isn't readily upgradeable, but it does help to a degree.
 
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