U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet. https://nyti.ms/3Gyv4lZ
The Orion capsule’s splashdown in the Pacific Ocean moved NASA into the next stages of the Artemis program, which will rely on Elon Musk’s rocket company to build a moon lander for astronauts. https://nyti.ms/3YcuUYn
The digital media company, which will merge with a publicly listed shell company in what is known as a SPAC deal, also lined up about $150 million in debt financing. https://nyti.ms/2SXcq1k
A committee took its first vote in the early afternoon, advancing a bill that would increase the money companies pay government agencies when getting some mergers approved. https://nyti.ms/3d7WhN7
