Often malware will name itself after system files to make them look inconspicuous. Check out your AVG log and see where it found the file, then find out if that's where the legit system file is supposed to be. If not, chances are the real thing is still there. If it was in the right place then before restoring it I would see if it's been listed as a known false positive on the AVG site. If you can't find anything about it you could always e-mail them about it.
From what I could find it looks like the real version of the file is the GUI for the Intel onboard video. So it's just the control panel software. If you still have your mainboard's drivers it should be easy enough to reinstall even if it ends up having been legit after you delete it.