Here is the solution I have found:
at installation boot press Shift-o
type in the kernel advanced option: skipMicrocodeCompatCheck
to make it permanent after installation type at command line: esxcfg-advcfg -k TRUE skipmicrocodecompatcheck
Works for me on Dell PE SC1435 with dual quad-core AMD Opteron 2350 and ESXi 4.0
Enjoy!