Wireless Networking

Tech Industry Quietly Patches FragAttacks Wi-Fi Flaws That Leak Data, Weaken Security (theregister.com) 37

An anonymous reader quotes a report from The Register: A dozen Wi-Fi design and implementation flaws make it possible for miscreants to steal transmitted data and bypass firewalls to attack devices on home networks, according to security researcher Mathy Vanhoef. On Tuesday, Vanhoef, a postdoctoral researcher in computer security at New York University Abu Dhabi, released a paper titled, "Fragment and Forge: Breaking Wi-Fi Through Frame Aggregation and Fragmentation" [PDF]. Scheduled to be presented later this year at the Usenix Security conference, the paper describes a set of wireless networking vulnerabilities, including three Wi-Fi design flaws and nine implementation flaws. Vanhoef, who in 2017 along with co-author Frank Piessens identified key reinstallation attacks (KRACKs) on the WPA2 protocol (used to secure Wi-Fi communication), has dubbed his latest research project FragAttacks, which stands for fragmentation and aggregation attacks.

The dozen vulnerabilities affect all Wi-Fi security protocols since the wireless networking technology debuted in 1997, from WEP up through WPA3. [...] In total, 75 devices -- network card and operating system combinations (Windows, Linux, Android, macOS, and iOS) -- were tested and all were affected by one or more of the attacks. NetBSD and OpenBSD were not affected because they don't support the reception of A-MSDUs (aggregate MAC service data units). [...]

Patches for many affected devices and software have already been deployed, thanks to a nine-month-long coordinated responsible disclosure overseen by the Wi-Fi Alliance and the Industry Consortium for Advancement of Security on the Internet (ICASI). Linux patches have been applied and the kernel mailing list note mentions that Intel has addressed the flaws in a recent firmware update without mentioning it. Microsoft released its patches on March 9, 2021 when disclosure was delayed tho Redmond had already committed to publication. Vanhoef advises checking with the vendor(s) of Wi-Fi devices about whether the FragAttacks have been addressed. "[F]or some devices the impact is minor, while for others it's disastrous," he said.

United States

Tech Giants Join Call for Funding Chip Production (reuters.com) 241

Some of the world's biggest chip buyers, including Apple, Microsoft and Alphabet's Google, are joining top chip-makers such as Intel to create a new lobbying group to press for government chip manufacturing subsidies. From a report: The newly formed Semiconductors in America Coalition, which also includes Amazon.com's Amazon Web Services, said Tuesday it has asked U.S. lawmakers to provide funding for the CHIPS for America Act, for which President Joe Biden has asked Congress to provide $50 billion. "Robust funding of the CHIPS Act would help America build the additional capacity necessary to have more resilient supply chains to ensure critical technologies will be there when we need them," the group said in a letter to Democratic and Republican leaders in both houses of the U.S. Congress.

A global chip shortage has hit automakers hard, with Ford Motor saying it could halve second-quarter production. Automotive industry groups have pressed the Biden administration to secure chip supply for car factories. But Reuters last week reported administration officials were reluctant to use a national security law to redirect computer chips to automakers because doing so could hurt other industries. The new coalition includes some of those other chip-consuming industries, with members such as AT&T, Cisco Systems, General Electric, Hewlett Packard Enterprise and Verizon Communications. It cautioned against government actions to favor a single industry such as automakers.

Intel

Intel Unveils Full Tiger Lake-H Processor Line-Up For Higher Performance Laptops (hothardware.com) 39

MojoKid writes: In January, Intel officially announced its Tiger Lake-H mobile platform, but today disclosed full details on the new, higher-end variant of Tiger Lake manufactured using 10nm SuperFIN technology, that brings with it a few significant platform enhancements beyond just its clock speed and core count boost. Intel is refreshing the lineup with higher-power and higher-performance Tiger Lake-H45 processors, with up to 8 physical cores (16 threads). In addition, the CPUs feature 20 reconfigurable PCI Express 4.0 lanes attached directly to the processor, which enable PCIe 4.0 NVMe RAID -- a first for any mobile platform. The platform features all of the latest IO and connectivity technologies, like Killer Wi-Fi 6 / 6E, Thunderbolt 4, and support for Resizable BAR. There are an array of consumer and commercial Tiger Lake-H based 11th Gen Intel Core H-series processors coming down the pipeline. The top-end consumer SKU is the Core i9-11980HK, which is an 8-core / 16-thread processor, with a base clock of 2.6GHz and maximum turbo clock of 5GHz on one or two cores. What also makes this particular processor interesting is that it is fully unlocked and overclockable via Intel's XTU utility. Intel has shipped millions of units volume to laptop OEMs already and expects to have laptops in market from all of the majors this month.
AMD

AMD is Biting at Intel's Server Market Share With Its Largest Gains in Over a Decade (pcgamer.com) 28

An anonymous reader shares a report: The first few months of 2021 have been absolutely massive for AMD and Intel. According to the latest report from Mercury Research, the first three months of 2021 saw the largest yearly increase in shipments of CPUs in a quarter of a century, and second only to the final moments of 2020 in terms of raw volume. You'd be perhaps surprised to learn that Intel has gained a touch in overall x86 market share in Q1 2021, whereas AMD reportedly lost out. There's only a percentage point in it: a 1% gain for Intel and a 1% loss for AMD, though. Far from major gains in either direction.

Mercury Research puts that down to an increase in budget chip shipments for Chipzilla, which tallies with other figures out of the tech giant as of late. But where Intel has gained in mobile processor market share, it loses out marginally in desktop. That's where AMD's Ryzen processors are seemingly crushing it, and despite some difficulty sourcing the top-tier chips, such as the Ryzen 9 5950X and Ryzen 9 5900X, AMD is still managing to make gains within the market predisposed to Intel processors for so long. [...] But perhaps the biggest win in AMD's eyes is the 1.8% increase in server market share quarter to quarter, and 3.8 percent year on year. That means its Epyc processors are selling supremely well against Intel's Xeon chips, and the market that AMD will be most determined to get more of a footing in.

Hardware

'Despite Chip Shortage, Chip Innovation Is Booming' (nytimes.com) 33

The New York Times reports on surprising silver linings of the global chip shortage: Even as a chip shortage is causing trouble for all sorts of industries, the semiconductor field is entering a surprising new era of creativity, from industry giants to innovative start-ups seeing a spike in funding from venture capitalists that traditionally avoided chip makers. Taiwan Semiconductor Manufacturing Company and Samsung Electronics, for example, have managed the increasingly difficult feat of packing more transistors on each slice of silicon. IBM on Thursday announced another leap in miniaturization, a sign of continued U.S. prowess in the technology race. Perhaps most striking, what was a trickle of new chip companies is now approaching a flood.

Equity investors for years viewed semiconductor companies as too costly to set up, but in 2020 plowed more than $12 billion into 407 chip-related companies, according to CB Insights. Though a tiny fraction of all venture capital investments, that was more than double what the industry received in 2019 and eight times the total for 2016. Synopsys, the biggest supplier of software that engineers use to design chip, is tracking more than 200 start-ups designing chips for artificial intelligence, the ultrahot technology powering everything from smart speakers to self-driving cars. Cerebras, a start-up that sells massive artificial-intelligence processors that span an entire silicon wafer, for example, has attracted more than $475 million. Groq, a start-up whose chief executive previously helped design an artificial-intelligence chip for Google, has raised $367 million.

"It's a bloody miracle," said Jim Keller, a veteran chip designer whose resume includes stints at Apple, Tesla and Intel and who now works at the A.I. chip start-up Tenstorrent. "Ten years ago you couldn't do a hardware start-up...."

More companies are concluding that software running on standard Intel-style microprocessors is not the best solution for all problems. For that reason, companies like Cisco Systems and Hewlett Packard Enterprise have long designed specialty chips for products such as networking gear. Giants like Apple, Amazon and Google more recently have gotten into the act. Google's YouTube unit recently disclosed its first internally developed chip to speed video encoding.

And Volkswagen even said last week that it would develop its own processor to manage autonomous driving.

Google

Bytecode Alliance Expands as Microsoft, Google, Intel Promote Fast, Secure Development with WebAssembly (mozilla.org) 54

There was a big announcement this week from Mozilla. They've joined Fastly, Intel, and Microsoft "in announcing the incorporation and expansion of the Bytecode Alliance, a cross-industry partnership to advance a vision for fast, secure, and simplified software development based on WebAssembly." Building software today means grappling with a set of vexing trade-offs. If you want to build something big, it's not realistic to build each component from scratch. But relying on a complex supply chain of components from other parties allows a defect anywhere in that chain to compromise the security and stability of the entire program.

Tools like containers can provide some degree of isolation, but they add substantial overhead and are impractical to use at per-supplier granularity. And all of these dynamics entrench the advantages of big companies with the resources to carefully manage and audit their supply chains.

Mozilla helped create WebAssembly to allow the Web to grow beyond JavaScript and run more kinds of software at faster speeds. But as it matured, it became clear that WebAssembly's technical properties — particularly memory isolation — also had the potential to transform software development beyond the browser by resolving the tension described above. Several other organizations shared this view, and we came together to launch the Bytecode Alliance as an informal industry partnership in late 2019. As part of this launch, we articulated our shared vision and called for others to join us in bringing it to life... [W]e asked prospective members to be patient and, in parallel with ongoing technical efforts, worked to incorporate the Alliance as a formal 501(c)(6) organization. That process is now complete, and we're thrilled to welcome Arm, DFINITY Foundation, Embark Studios, Google, Shopify, and University of California at San Diego as official members of the Bytecode Alliance.

We have a real opportunity to change how software is built, and in doing so, enable small teams to build big things that are both secure and fast.

Achieving the elusive trifecta — easy composition, defect isolation, and high performance — requires both the right technology and a coordinated effort across the ecosystem to deploy it in the right way. Mozilla believes that WebAssembly has the right technical ingredients to build a better, more secure Internet, and that the Bytecode Alliance has the vision and momentum to make it happen.

Technology

CES 2022 Will Return To Las Vegas in Person (cnet.com) 14

CES 2022 is going back to Las Vegas following this year's all-digital event, the Consumer Technology Association said Thursday, as coronavirus restrictions ease in the US. The event will take place Jan. 5-8, with media days taking place Jan. 3-4. From a report: Around 1,000 companies -- including Amazon, AMD, AT&T, Daimler AG, Dell, Google, Hyundai, IBM, Intel, Lenovo, LG, Panasonic, Qualcomm, Samsung and Sony -- are on board for the event, according to the CTA, with more being added. You'll also be able to attend digitally. Plans for the event will evolve depending on coronavirus safety measures from the Centers for Disease Control and Prevention, the CTA noted.
Apple

Apple's M2 Chip Goes Into Mass Production for Mac (nikkei.com) 235

The next generation of Mac processors designed by Apple entered mass production this month, Nikkei Asia reported Tuesday, citing sources, bringing the U.S. tech giant one step closer to its goal of replacing Intel-designed central processing units with its own. From the report: Shipments of the new chipset -- tentatively known as the M2, after Apple's current M1 processor -- could begin as early as July for use in MacBooks that are scheduled to go on sale in the second half of this year, the people said. The new chipset is produced by key Apple supplier Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, using the latest semiconductor production technology, known as 5-nanometer plus, or N5P. Producing such advanced chipsets takes at least three months. The start of mass production came as Apple introduced new iMac and iPad Pro models using the M1. The company said the M1 offers CPU performance up to 85% faster than an iMac using an Intel chipset, and graphics performance that is twice as fast.
Businesses

Network Security Company Proofprint Goes Private In $12.3 Billion Deal (venturebeat.com) 7

Private equity firm Thoma Bravo has announced plans to acquire cybersecurity company Proofpoint in a deal worth $12.3 billion. VentureBeat reports: Founded in 2002 by former Netscape CTO Eric Hahn, Proofpoint was originally known for an email security product that helped businesses identify spam, viruses, and other electric correspondence that might contravene company policies. In the subsequent years, the Sunnyvale, California-based company has expanded its scope to include an array of cloud-based security products designed to protect enterprises from targeted threats. Proofpoint went public back in 2012, with its shares initially trading at around $13 -- these have grown steadily over the past decade, hitting an all-time high of $140 earlier this year and giving it a market capitalization of more than $7 billion.

Thoma Bravo has a track record of taking publicly traded cybersecurity companies private, having done just that with network security company Barracuda in a 2017 deal worth $1.6 billion and with Sophos last year for $3.9 billion. The Proofpoint deal, which is expected to close in Q3 2021, sees Thoma Bravo paying a 34% premium on Proofpoint's closing price at the last full trading day (April 23), with shareholders set to receive $176 for each share they own. It's worth noting that the $12.3 billion price tag positions this as the biggest cybersecurity acquisition of all time, putting it ahead of the $7.68 billion Intel shelled out for McAfee 11 years ago. And by VentureBeat's calculations, the Proofpoint acquisition represents one of the biggest overall technology acquisitions ever, putting it in the top 20, alongside megadeals that include Dell's $67 billion EMC purchase, IBM's $34 billion Red Hat deal, and Salesforce's impending $27.7 billion Slack acquisition.

Businesses

TSMC Founder Says China's Semiconductor Industry Still Five Years Behind (scmp.com) 95

An anonymous reader quotes a report from South China Morning Post: In a rare public appearance since retiring nearly three years ago, Morris Chang, the 89-year-old founder of the world's largest contract chip maker, said China is not yet a competitor in chipmaking and that Taiwan should defend its leadership in semiconductor manufacturing. "Mainland China has given out subsidies to the tune of tens of billions of US dollars over the past 20 years but it is still five years behind TSMC," Chang said. "Its logic chip design capability is still one to two years behind the US and Taiwan. The mainland is still not yet a competitor."

In his speech, Chang also took a swipe at US chip giant Intel, describing its recent decision to enter the contract chip making market as "very ironic" because it turned down an opportunity to invest in TSMC more than three decades ago. Contract chip makers like TSMC typically take orders from so-called fabless chip makers like Qualcomm, which design their products but outsource the manufacturing. Chang said he was rejected by Intel when he approached it for funding in 1985. "In the past, Intel was the alpha sneering at us and thought that we would never get big," he said. "They never thought the business of [outsourced] wafer fabrication would become so important today."

Chang said the US is also at a disadvantage compared with Taiwan because it lacks engineers dedicated to the semiconductor manufacturing sector, adding that the "US level of dedication to manufacturing was absolutely no match for that of Taiwan." "What I need right now are capable and dedicated engineers, technicians and operators. And they have to be willing to throw themselves into manufacturing," he said. "In the US, doing manufacturing isn't popular. It hasn't been popular for decades."

Crime

Ransomware Gang Wants To Short the Stock Price of Their Victims (therecord.media) 84

The operators of the Darkside ransomware are expanding their extortion tactics with a new technique aimed at companies that are listed on NASDAQ or other stock exchanges. From a report: In a message posted on their dark web portal, the Darkside crew said it is willing to notify crooked market traders in advance so they can short a company's stock price before they list its name on their website as a victim. The Darkside crew believes that the negative impact of having a traded company's name listed on its website would be enough to cause its stock price to fall and for a crooked trader to make a profit.

"While other ransomware families previously discussed how to leverage the effect of a publicly disclosed cyber attack on the stock market, they have never made it their official attack vector," Dmitry Smilyanets, threat intel analyst at Recorded Future, told The Record today. "DarkSide becomes the first ransomware variant to make it formal." However, the announcement also serves as an indirect method to threaten hacked companies that not paying the ransom demand could result in negative press large enough to impact their market listings and enough to push some victims into paying the asked ransom.

Desktops (Apple)

Apple Now Selling More M1 Macs Than Intel-Based Models, Says Tim Cook (macrumors.com) 220

Despite only being released in November, sales of the M1-powered MacBook Air, MacBook Pro, and Mac mini now represent the majority of Mac sales, outperforming Mac computers powered by Intel processors, according to Apple CEO Tim Cook. MacRumors reports: Cook made the remarks during Apple's "Spring Loaded" event yesterday, where it introduced a completely redesigned 24-inch iMac powered by the M1 Apple silicon chip. Cook says that the M1 and Apple silicon "isn't just an upgrade, but a breakthrough," while touting Mac's industry-leading customer satisfaction. According to Cook, the four M1-powered Macs now outperform the five remaining Intel-powered computers in its lineup in terms of sales. During the keynote, Cook's comment went largely unnoticed but is likely to be a key point the CEO makes during Apple's upcoming earnings call, which is being held on April 28.
Apple

Tile Bashes Apple's New AirTag as Unfair Competition (techcrunch.com) 87

Now that Apple's lost item finder AirTag has officially been introduced, competitor Tile is going on record ahead of its testimony in front of Congress tomorrow about how it perceives Apple's latest product. In a statement, Tile CEO CJ Prober said today: "Our mission is to solve the everyday pain point of finding lost and misplaced things and we are flattered to see Apple, one of the most valuable companies in the world, enter and validate the category Tile pioneered. The reason so many people turn to Tile to locate their lost or misplaced items is because of the differentiated value we offer our consumers. In addition to providing an industry leading set of features via our app that works with iOS and Android devices, our service is seamlessly integrated with all major voice assistants, including Alexa and Google. And with form factors for every use case and many different styles at affordable prices, there is a Tile for everyone.

Tile has also successfully partnered with top brands like HP, Intel, Skullcandy and fitbit to enable our finding technology in mass market consumer categories like laptops, earbuds and wearables. With over 30 partners, we look forward to extending the benefits of Tile to millions of customers and enabling an experience that helps you keep track of all your important belongings. We welcome competition, as long as it is fair competition. Unfortunately, given Apple's well-documented history of using its platform advantage to unfairly limit competition for its products, we're skeptical. And given our prior history with Apple, we think it is entirely appropriate for Congress to take a closer look at Apple's business practices specific to its entry into this category. We welcome the opportunity to discuss these issues further in front of Congress tomorrow.

Unix

FreeBSD 13 Released (phoronix.com) 66

"FreeBSD, the other Linux, reached version 13," writes long-time Slashdot reader undoman. "The operating system is known for its stable code, native ZFS support, and use of the more liberal BSD licenses." Phoronix highlights some of the major new improvements: FreeBSD 13.0 delivers on performance improvements (particularly for Intel CPUs we've seen in benchmarks thanks to hardware P-States), upgrading to LLVM Clang 11 as the default compiler toolchain, POWER 64-bit support improvements, a wide variety of networking improvements, 64-bit ARM (AArch64) now being a tier-one architecture alongside x86_64, EFI boot improvements, AES-NI is now included by default for generic kernel builds, the default CPU support for i386 is bumped to i686 from i486, and a variety of other hardware support improvements. Various obsolete GNU tools have been removed like an old version of GNU Debugger used for crashinfo, obsolete GCC 4.2.1 and Binutils 2.17 were dropped from the main tree, and also switching to a BSD version of grep. The release announcement can be found here.
Patents

Apple Wins New Trial in $506 Million Patent-Damages Award (bloomberg.com) 10

A federal judge tossed a $506.2 million damages award against Apple after ruling the iPhone maker should have been able to argue that patent owner Optis Wireless Technology was making unfair royalty demands, though he refused to throw out the liability finding. From a report: Optis and its partners in the case, PanOptis Patent Management and Unwired Planet, claimed that Apple's smartphones, watches, and tablets that operate over the LTE cellular standard were using its patented technology. U.S. District Court Judge Rodney Gilstrap said the jury should have been allowed to consider whether the royalty demand was consistent with a requirement that standard-essential patents be licensed on "fair, reasonable and non-discriminatory," or FRAND, terms. The patent trial in August, one of the few held during the pandemic, was part of an unusual sweep of verdicts in Texas that collectively resulted in $3.7 billion in damages against tech companies like Apple and Intel Corp. Apple was also hit with damages awards of $502.8 million in a decade-long battle over security communications technology, and $308.5 million in a case over digital rights management.
Intel

Intel, Nvidia, TSMC Execs Agree: Chip Shortage Could Last Into 2023 (arstechnica.com) 52

How many years will the ongoing chip shortage affect technology firms across the world? This week, multiple tech executives offered their own dismal estimates as part of their usual public financial disclosures, with the worst one coming in at "a couple of years." From a report: That nasty estimate comes from Intel CEO Pat Gelsinger, who offered that vague timeframe to The Washington Post in an interview on Tuesday. He clarified that was an estimate for how long it would take the company to "build capacity" to potentially address supply shortages. The conversation came as Intel offered to step up for two supply chains particularly pinched by the silicon drought: medical supplies and in-car computer systems.

In previous statements, Gelsinger pointed to Intel's current $20 billion plan to build a pair of factories in Arizona, and this week's interview added praise for President Joe Biden's proposed $50 billion chip-production infrastructure plan -- though Gelsinger indicated that Biden should be ready to spend more than that. TSMC CEO C.C. Wei offered a similarly dire estimate to investors on Thursday, saying that the Taiwan-based company hoped to "offer more capacity" for meeting retail and manufacturing demand "in 2023." TSMC, coincidentally, is moving forward with a manufacturing plant of its own in Arizona, which Bloomberg claims could cost "up to $12 billion," despite the company clarifying that it intends to prioritize research, development, and production in its home nation.

Desktops (Apple)

Parallels 16.5 Can Virtualize ARM Windows Natively on M1 Macs With Up to 30% Faster Performance (macrumors.com) 60

Parallels today announced the release of Parallels Desktop 16.5 for Mac with full support for M1 Macs, allowing for the Windows 10 ARM Insider Preview and ARM-based Linux distributions to be run in a virtual machine at native speeds on M1 Macs. From a report: Parallels says running a Windows 10 ARM Insider Preview virtual machine natively on an M1 Mac results in up to 30 percent better performance compared to a 2019 model 15-inch MacBook Pro with an Intel Core i9 processor, 32GB of RAM, and Radeon Pro Vega 20 graphics. Parallels also indicates that on an M1 Mac, Parallels Desktop 16.5 uses 2.5x less energy than on the latest Intel-based MacBook Air. Microsoft does not yet offer a retail version of ARM-based Windows, with the Windows 10 ARM Insider Preview available on Microsoft's website for Windows Insider program members. The ability to run macOS Big Sur in a virtual machine is a feature that Parallels hopes to add support for in Parallels Desktop later this year as well.
China

Huawei Blames US for Global Chip Supply Crunch (nikkei.com) 55

Huawei has blamed the U.S. for the chip crunch rocking the global tech industry, saying Washington's sanctions against Chinese companies have spurred panic buying of semiconductors and other supplies. From a report: "Because of the U.S. sanctions against Huawei, we have seen panic stockpiling among global companies, especially the Chinese ones. In the past, companies were barely stockpiling, but now they are building up three or six months' worth of inventory ... and that has disrupted the whole system," Rotating Chairman Eric Xu said at the company's 18th Huawei Analyst Summit. The U.S. has placed Huawei and other Chinese tech companies on trade blacklists that restrict their access to American technology, citing national security risks. "Clearly the unwarranted U.S. sanctions against Huawei and other [Chinese] companies are creating an industry-wide supply shortage, and this could even trigger a new global economic crisis," Xu added. Xu's remarks come hours before the White House plans to host a summit aimed at addressing the chip shortage, with an emphasis on its impact on the automotive industry. Dozens of executives from U.S., Asian and European tech companies and automakers -- including General Motors, Ford, Google, Intel, Taiwan Semiconductor Manufacturing Co., Samsung Electronics, and NXP -- are slated to attend the event. White House officials have already acknowledged that the chip shortage may be difficult to solve in the short term.
Microsoft

New Microsoft Surface Laptop 4 Goes for Battery Life (cnet.com) 66

Microsoft on Tuesday announced a new 2021 Surface Laptop, called the Surface Laptop 4. The new version adds 11th-gen Intel Core processors, paired with Intel Iris XE graphics. There's also an AMD processor option -- Zen 2 series -- with a graphics chip called AMD Radeon Graphics Microsoft Surface Edition. From a report: For all the buzz Microsoft's Surface tablets get, I've always thought the Surface Laptop was actually Microsoft's secret weapon. Since Surface Laptop debuted in 2017, it's been a strong contender for the best all-purpose slim Windows laptop. But plenty of companies offer 13-inch-class slim laptops, all hoping to be the Windows version of Apple's ubiquitous MacBook Air. (Microsoft also introduced a 15-inch version in 2019.) Microsoft says the Surface Laptop has the Surface line's highest level of customer satisfaction. Besides simply working well and being stylish and easy to use, the Surface Laptop was frequently on sale at very reasonable prices, making it a great way to get a rock-solid clamshell laptop for not much money. Shortly before the Surface Laptop 4 preorders went live, you could still order a Core i5 13-inch Surface Laptop 3 (with 8GB RAM and a 128GB SSD) for $769, or $899 for a 256GB SSD.
Intel

Intel CEO Calls for 'Moonshot' To Boost US Role in Chipmaking (axios.com) 143

Intel CEO Pat Gelsinger called Monday for the U.S. to spend billions of dollars over the next few years as part of a "moonshot" designed to regain lost ground in semiconductor manufacturing. The goal, he said, is to see the U.S. again account for a third of global output, up from about 12% today. From a report: Investments made now will take several years to bear fruit, so they won't do much to ease the current semiconductor shortage, but are vital to America's long-term economic future and national security, Gelsinger told Axios on Monday. The White House met with tech leaders in a virtual summit on Monday discussing the need for investment in chip manufacturing. With demand for broad categories of chips exceeding supply, makers of everything from cars to computers and networking gear are having to slow factories and cut output. Automakers have been hit especially hard. At the very leading edge, the vast majority of chip production today is done in Taiwan, an island that remains imperiled by China's longstanding claims. "I would argue the most important building block for our economic livelihood and every aspect of human life is now increasingly not in our control," Gelsinger told Axios in an interview after the White House meeting.

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