What Consumers Need to Know About Intel's Chip Flaw
Intel facing scrutiny after two major security flaws were exposed last week in its computer chips. The technology giant is issuing patches in a series of software updates. Washington Post Technology Reporter Brian Fung explains what consumers need to be aware of.
"It's a pretty big deal," says Fung. "This was a flaw not found for roughly two decades. This essentially goes to the heart of every computer that is in existence today."
Right after Intel disclosed old chips have vulnerabilities, the company introduced a new chip with AMD. Intel CEO Brian Krzanich will be delivering the keynote speech at 2018 CES in Las Vegas, NV Monday night.
The global semiconductor shortage is actively hurting numerous industries, with the auto industry itself on pace to lose $210 billion by the end of the year. Brad Wimmer, EVP at Auto Lenders, joined Cheddar to discuss a White House meeting surrounding chip shortages and how industries can find a way to move forward. He noted that the end of the shortage is unlikely if the U.S. continues to depend on outside manufacturers. "We need consistent momentum and clarity, and we do not have that right now," Wimmer said. "So, I think this is going to continue into 2023."
