Why Big Tech is doubling down on investing in India

A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters Big Tech is doubling down on investing billions in India, drawn by its abundance of resources for building data centers,…

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Supreme Court deals blow to Big Pharma

{Beacon} Presented by the Coalition to Strengthen America’s Health Care Online Health Care Health Care Presented by The Big Story View Supreme Court Blows Pharma Challenge to Medicare Price Negotiations The Supreme Court declined to consider petitions from several of the nation’s largest drug companies challenging the Medicare drug price negotiation program. © Jacqueline Martin,…

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Taiwan Semiconductor’s quarter renewed faith in AI stocks

CNBC’s Jim Cramer on Thursday suggested a strong quarter from Taiwan Semiconductor renewed Wall Street’s faith in artificial intelligence stocks, including industry leader Nvidia. “Taiwan Semi made mincemeat of the skeptics who’ve been doubting AI’s staying power,” he said. “They said something that we have only heard from Jensen Huang, CEO of Nvidia — the…

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Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains

Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Semiconductor shipments continued to power Japan’s exports in July, helping clock the fastest growth since October 2022, beating expectations. Exports growth accelerated for a fifth…

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