After switching game to fullscreen mode only top left corner of 854x480 pixels is updated, other part of screen is not redrawn, only interface. See attached screenshot.
Display is at 1920x1080px resolution.
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This might be a different issue, because 2D GUI in this case is correctly placed on screen, and only 3D viewport is rendered incorrectly.
Attaching a new screenshot with main menu.

Please force a crash by pressing F3 + C for 10 seconds while ingame and attach the crash report ([minecraft|http://hopper.minecraft.net/help/finding-minecraft-data-folder]/crash-reports/crash-<DATE>-client.txt
) here.

Nothing to see in the crash report, except it's again Intel graphics...
OpenGL: Intel(R) HD Graphics 4000 GL version 4.0.0 - Build 9.18.10.3165, Intel
Is this still a concern in the current Minecraft version 1.7.2 / Launcher version 1.3.4 or later? If so, please update the affected versions in order to best aid Mojang ensuring bugs are still valid in the latest releases/pre-releases.
Bug was fixed in 1.7.2, fullscreen mode works correctly now.
Duplicate of MC-13661