Go to task manager and close waves Maxx audio
Better solution: update your video drivers. After updating nvidia drivers which were already running on some version (using geforce experience) the problem seems to be solved.
This solution may not be permanent. Will try to update if any new info
UPDATE
My laptop isn't able to install the video drivers after a particular update from nvidia. Still the laptop runs smoothly. I did face some issues with Trojans and AVs that affected speed. Check my other post for more.