YES!! Here is a rough definition of what a chipset is and does..
Chipset:
A number of
integrated circuits designed to perform one or more related functions. For example, one chipset may provide the basic functions of a
modem while another provides the
CPU functions for a computer. Newer chipsets generally include functions provided by two or more older chipsets. In some cases, older chipsets that required two or more physical chips can be replaced with a chipset on one
chip. The term is often used to refer to the core functionality of a
motherboard.
You always, always want the latest chipset
drivers available for your motherboard....