I am also seeing abnormally high load temperatures.
ASUS Maximus VII Impact
i7-4970k
L4 batch
Stock cooling fan applied correctly. I have even taken it off, verified the paste applied, and reseated correctly.
I bought the CPU last week. As soon as I try video encoding temps go from 40C at idle up to 100C and the CPU thermal throttles. If I leave the system at this for a few minutes the system freezes and reboots.
This is at stock speed and stock voltage. Stock BIOS settings. Case is getting plenty of air and I have even run with the mobo sitting alone by itself in a 25C room temp.
If I disable turbo the temps max out at 85C and the CPU never thermal throttles. I'm running with turbo off for now. System is fully stable, but still too warm for stock speed.
@Intel, this seems like a bad batch of CPUs. I'm fixing to return the CPU but it seems like a new CPU is not the answer.
