CNBC's "Fast Money" White House Affordability Push… And Incyte CEO On Drug Pipeline 1/13/26
9 snips
Jan 13, 2026 Eamon Javers, a Washington-based reporter, dives into the White House's affordability push, focusing on the impact of AI-related power costs on tech firms. He discusses Microsoft's commitment to managing electricity expenses without burdening communities. The conversation also spans potential beneficiaries in the utility sector and how the current geopolitical climate is influencing compute cost competition with China. The podcast highlights the latest trends from the JPMorgan Healthcare conference, including biopharma insights and the evolving drug pipeline.
AI Snips
Chapters
Transcript
Episode notes
Politics Shapes AI Data-Center Buildouts
- The White House is pushing tech firms to avoid passing AI data-center power costs onto local communities.
- Microsoft and others must balance AI expansion with political and social acceptance to avoid making political enemies.
Tech Promises Aim To Avoid Local Backlash
- Tech firms publicly promised not to seek subsidies and to pay local utility costs to avoid political backlash.
- That public reassurance is aimed at making AI expansion a community win rather than a local burden.
Rotate Toward Energy And Utilities
- Consider energy-related plays like natural gas, nuclear, and utilities as nearer-term responses to rising data-center power demand.
- Look at names such as Constellation Energy and the XLU utility ETF as trade candidates during this transition.