Google Chrome plug-in crashes when using YouTube

Hello fellas!
I use the internet a lot and often visit video sites. I however, have one problem with Youtube.
I installed Google Chrome on my system recently and it works just fine. However, it seems to repel Youtube.
I get the following error:
The following plug-in has crashed: Shockwave Flash
Did anyone face the same problem in the past? Do tell me. Is it a hardware problem?
