IT market

AMD will spend $5 billion to buy server maker ZT Systems to “sell more GPUs”

AMD today announced that it has reached an agreement to purchase ZT Systems, a manufacturer of infrastructure solutions for the…

1 month ago

The first AI chip developed by a local company was announced in India

Ola Electric, one of the largest electric two-wheeler manufacturers in India, has announced the launch of its own AI chips.…

1 month ago

Intel’s credit rating downgraded to BBB+ by S&P

Just a week after Intel published its disastrous quarterly report, its Moody's credit rating was downgraded one notch to BAA1,…

1 month ago

Corsair massively lays off staff amid falling demand for PC components

Corsair, a well-known manufacturer of gaming peripherals and PC components, announced a massive staff reduction amid declining revenue and millions…

1 month ago

SK hynix raised prices for DDR5 memory by 15-20%

The leading manufacturer of advanced versions of HBM memory remains SK hynix, which at the same time is inferior to…

1 month ago

Nvidia’s capitalization grew by $420 billion in four days – investors forgot about the “AI bubble”

At the end of the last working week, a reversal trend began to form in the dynamics of Nvidia stock…

1 month ago

Google Pixel 9 uses AI to help you create perfect photos

As part of its unveiling of new devices on August 13, Google introduced the Pixel 9 series with AI built…

1 month ago

Intel could have taken over part of OpenAI in 2017, but missed the chance

In 2017, Intel had the opportunity to acquire a stake in OpenAI, but did not take advantage of this chance.…

2 months ago

Intel shares plummet 28% after dismal financial report

Analysts did not initially expect any pleasant surprises from Intel’s quarterly report, but the company’s own forecasts for revenue and…

2 months ago

Apple’s revenue grew by 5% and exceeded market expectations

In Apple's calendar, the third fiscal quarter ended at the end of June; the company published a report on the…

2 months ago