The Chip Shortage Was Supposed to Be a ‘Sputnik Moment.’ What Happened?

Patrick Gelsinger, chief executive officer of Intel Corp.

Photographer: Hollie Adams/Bloomberg

Today’s must-reads:

• One-time startup darling Juul has had its products ordered off the market
• China’s traumatized tech insiders warn of more danger ahead
• TikTok is gaining on Facebook