Textures will randomly flash and flicker. This has never happened before it wasn't caused by a graphics update I tried rolling back drivers and I made sure I had latest version, I reinstalled java, reinstalled minecraft. I tried taking screenshots and video the flickering did not show in them.
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Confirmed in 14w25b
in 1.7.9 there is a workaround: Anisotropic filtering. When textures go into mip for some reason they have some crazy seam issues that cause nasty flicker.

See MC-58760 regarding flickering with Intel 4600
1.7.4 is outdated. Please check to see if it occurs on 1.7.9