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.

A judge has ordered Charter Communications to pay $19.2 million to Windstream for lying to customers in order to trick them into switching from Windstream to Charter's Spectrum Internet service. Charter also faces a $5,279 penalty for shutting off service to hundreds of Windstream's resale customers. Ars Technica reports: When Windstream filed for bankruptcy in early 2019, Charter began a "literally false and intentionally misleading advertising campaign intended to create the impression, using mailings designed to seem as if they were coming from the Debtors [Windstream], that the Debtors were going out of business," said an order issued Thursday by Judge Robert Drain of US Bankruptcy Court for the Southern District of New York. Charter's goal with the mailings "was to induce the Debtors' customers to terminate their contracts and switch to Charter by sending them literally false and intentionally misleading information about the Debtors' bankruptcy cases and financial wherewithal," the ruling said. Charter premised its ad campaign "on false assertions regarding the Debtors' bankruptcy cases," the ruling said.

"We are gratified that Judge Drain's ruling means Charter will have to pay a significant price for its egregious false advertising," Windstream General Counsel Kristi Moody said, according to a FierceTelecom article. "Charter knew full well what it was doing when it embarked on a dishonest scare-tactic campaign to lure away our customers. At Windstream, we will always aggressively defend ourselves and our customers against predatory schemes and meritless allegations."

Huawei will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla and Xiaomi in the world's biggest vehicle arena. From a report: Huawei's autonomous-driving technology has already surpassed Tesla's in some spheres, for instance by allowing cars to cruise for more than 1,000 kilometers (621 miles) without human intervention, Rotating Chairman Eric Xu told analysts in Shenzhen Monday. The Chinese telecom giant will partner with three automakers initially to make self-driving cars that carry the Huawei name as a sub-brand, said Xu, one of three executives who take turns to fill the post. It will keep its circle of partners small and get its logo onto cars -- not unlike how Intel calls attention to its microprocessors on PCs -- that adopt its autonomous driving technology, he added. The mobile giant has so far agreed to team up with BAIC Group, Chongqing Changan Automobile and Guangzhou Automobile Group.

An update to England and Wales's contact tracing app has been blocked for breaking the terms of an agreement made with Apple and Google. From a report: The plan had been to ask users to upload logs of venue check-ins - carried out via poster barcode scans -- if they tested positive for the virus. This could be used to warn others. The update had been timed to coincide with the relaxation of lockdown rules. But the two firms had explicitly banned such a function from the start. Under the terms that all health authorities signed up to in order to use Apple and Google's privacy-centric contact-tracing tech, they had to agree not to collect any location data via the software. As a result, Apple and Google refused to make the update available for download from their app stores last week, and have instead kept the old version live.

Austin, Texas is America's fastest-growing major metro area, reports Bloomberg Businessweek, growing 30% from 2010 to 2019. But today a minimum wage worker hoping to afford a one-bedroom rental "would now need to work a 125-hour week."

And meanwhile, homeowner Matthew Congrove says he's now getting a half-dozen all-cash offers on his house every week. "In the boldest attempt, a stranger simply showed up at his home unannounced and asked to buy it..." Even Congrove — a software engineer who moved from Florida seven years ago — is most concerned about how the new wave of tech workers is affecting his adopted city's culture. Lately, he's seen more T-shirts bearing startup logos than band names. New condos have sprouted up where quirky bungalows once stood. And the commute time to his downtown office has tripled. "They just keep coming," Congrove says. "The fleece vests, the tech bros — that's definitely imported from California."

During the pandemic, Austin has welcomed more new residents from the Bay Area than from any other region outside Texas, according to records provided to Bloomberg by the U.S. Postal Service... Oracle late last year said it was moving its headquarters to Austin, and a stream of tech elites including prominent investor Jim Breyer and the chief executive officers of Dropbox and Splunk made plans to relocate. Elon Musk, the second-richest man in the world, is now a resident of Texas — though he hasn't said where — and Tesla Inc. is building a factory in Austin's outskirts, where Musk has said the company will need 10,000 people by 2022. He's also expanding the Austin area operations for Boring Co. and SpaceX, and has moved his personal foundation to the city's downtown.

For all his boosterism, even Musk recognizes the potential hazards of the influx he's helping spark. In a tweet on April 4, he called out the "urgent need to build more housing in greater Austin area!"

The region is facing the same boomtown dynamics that have plagued San Francisco for decades.... "There is a fairly broad-based concern that some of the things that aren't working in other areas are going to be brought here," says Dax Williamson, a managing director for Silicon Valley Bank who leads its technology banking practice for Central Texas. "If we price out the musicians we're going to find ourselves in a bad place." In a sign that may already be happening, Tesla recently selected a warehouse in southern Austin that served as music rehearsal space, with plans to transform it into a $2.5 million Tesla showroom this summer.

Hating California is a tradition in Texas, but Austin's growing pains aren't all California's fault. According to the Austin Chamber, more than half of newcomers from 2014 to 2018 came from other parts of the state, followed by just 8% from California and 3% from New York... Still, out-of-state arrivals from affluent cities tend to be richer than average existing residents and, as a consequence, have a greater impact on the local economy. "Probably 5 out of 10 of my clients are Californians, and others could say the same thing," says Susan Horton, president of the Austin Board of Realtors. "The majority are all tech people, and the last wave were all coming to work at Tesla."