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The Core i3-3317U should be compatible (Dolby TrueHD): https://software.intel.com/en-us/articles/3rd-gen-hd-graphics-quick-reference-guide
FAQ: "What are the differences between different HDMI versions?": http://www.intel.com/content/www/us/en/support/graphics-drivers/000005485.html
(make sure your receiver and cable are HDMI version 1.3+)
This message was posted on behalf of Intel Corporation
Gize2, thanks for your assistance along this thread.
In regard to your concern, the information provided by Gize2 is correct. Just to confirm the information of https://software.intel.com/en-us/articles/3rd-gen-hd-graphics-quick-reference-guide, that link applies to your Intel® Core™ i5-3317U Processor.
Also, I would like to know if the information provided to you was able to solve your concern?
In case if you need further assistance do not hesitate to reply back.
I am looking forward to hearing from you.