Thank you all for sharing your expertise with me. The problem is now solved. It was, indeed, a hardware issue. After replacing one i7 CPU with a more current i7CPU, which also required a replacement of the motherboard and the BIOS, and after replacing my older video card with the AMD (MSI) Radeonâ„¢ RX 480 Graphics Card, my computer renders all formats without problems and with an impressive speed. The upgrade cost me around $1500 but it was well worth the money. Yes, I am still using the same software (Sony Vegas Pro 13) that had been failing before the hardware upgrade.
The current configuration is:
– Windows 10 pro 64-bit
– Motherboard: ASUS (All Series)
– BIOS: BIOS date: 4/26/16, ver. 05.0000B
– Processor: Inter(R) Core(TM) i7-6800K CPU @ 3.40GHz (12 CPUs)
– Memory: 16GB RAM
– DirectX version: 12
– Video Card: Radeon (TM) RX 480 Graphics Card with 8GB memory
(I am just quoting what I see with the dxdiag function. My technical knowledge about computers is not sufficient to comment on the hardware.)