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US stock market: The S&P 500 closed at a record high on Friday, driven by a surge in tech stocks, particularly those of chip-making companies that are buoyed by optimism surrounding artificial intelligence (AI) advancements. The index climbed 1.23 per cent to close at 4,839.81 points. The tech-heavy Nasdaq index advanced 1.70 per cent to 15,310.97 points, and the Dow Jones Industrial Average increased by 1.05 per cent to 37,863.80 points., Markets News, Times Now
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India developing very strong semiconductor industry; first made-in-India chip in December: Vaishnaw, ET Auto

Semiconductor Shortage: Union Minister Ashwini Vaishnaw announced that the first made-in-India chip will be released in December, highlighting Prime Minister Narendra Modis efforts in developing a strong semiconductor industry. Vaishnaw credited the success to Modis focus on creating a comprehensive ecosystem and talent development.
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India developing very strong semiconductor industry; first made-in-India chip in December: Vaishnaw, ET Telecom

Semiconductor Industry: Talking about why developing this industry did not get much attention earlier, Vaishnaw said Modis thought process is always focused on a long-term vision, be it defence manufacturing, infrastructure investment or reforms across sectors.
Ashwini Vaishnaw Narendra Modi Information Technology World Economic Forum Annual Meeting Union Minister Ashwini Vaishnaw Prime Minister Narendra Modi

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