Dell XPS5510 with i7-6820HQ has exactly the same issue on Ubuntu 19.10 after 
fresh install, apt-update && apt-upgrade && reboot, gives purple screen / stuck 
at Loading initramfs.
Switching kernel works once but next reboot it's stuck again.

Update of BIOS via built in one time setup menu and USB stick seems to
have solved the issue. Not working bios version was 5.2.something and
working BIOS version is 1.13.1.

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https://bugs.launchpad.net/bugs/1829620

Title:
  intel-microcode on ASUS makes kernel stuck during loading initramfs on
  bionic-updates, bionic-security

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