Cisco layoffs cut deeper than expected as firm ramps up AI focus

Cisco layoffs cut deeper than expected as firm ramps up AI focus

Networking giant Cisco is the latest tech company to slash jobs while pledging to refocus on AI as well as cybersecurity.  The company said it would slash its global staff numbers by 7% – more than 6,000 jobs – following a drop in revenue of… Article Source https://www.itpro.com/business/cisco-layoffs-cut-deeper-than-expected-as-firm-ramps-up-ai-focus

Nvidia RTX 5080 might get speedier video RAM than we expected – but doubts remain around this GPU

Nvidia RTX 5080 might get speedier video RAM than we expected – but doubts remain around this GPU

Nvidia’s RTX 5080 graphics card will supposedly be loaded with faster video memory than expected, in a new twist in the tale of rumors being spun around Team Green’s next-gen GPU. Wccftech has heard from sources (engage skeptical mode now)… Article Source https://www.techradar.com/computing/gpu/nvidia-rtx-5080-might-get-speedier-video-ram-than-we-expected-but-doubts-remain-around-this-gpu

Strong Growth Expected for Digital Twin in Finance Market | Leading Companies include General Electric, IBM, and PTC

The global market for digital twins in finance is expected to experience a significant growth rate of 34.79% between 2024-2030. HTF Market Intelligence provides valuable insights and statistics on the market structure and size, aiming to assist decision makers in making informed investment decisions. The report highlights key trends, emerging drivers, and challenges in the … Read more

Market for Confidential Computing Expected to Surge with Leading Players Swisscom, Microsoft Azure, and OVHSAS

Market for Confidential Computing Expected to Surge with Leading Players Swisscom, Microsoft Azure, and OVHSAS

The confidential computing market is undergoing a detailed analysis by HTF MI, focusing on key players such as IBM Corporation, Microsoft Azure, and Intel Corporation. The market is projected to grow at a CAGR of 26% between 2023 and 2030, driven by the need for data privacy and security in industries like healthcare and finance. … Read more

This week, traffic delays expected due to nearly 1 million pound Intel super load

This week, traffic delays expected due to nearly 1 million pound Intel super load

An Intel super load, weighing nearly 1 million pounds, is expected to cause traffic delays in central Ohio as it makes its way to Intel’s Ohio One plant. The shipment is part of a series of oversized cargo movements overseen by the Ohio Department of Transportation, with previous deliveries made to Intel’s semiconductor plant construction … Read more

Wall Street’s Upcoming Stock Split Expected to Surge 27,000% from IPO Price – Not Referring to Broadcom

Wall Street’s Upcoming Stock Split Expected to Surge 27,000% from IPO Price – Not Referring to Broadcom

Artificial intelligence (AI) is a hot trend on Wall Street, but stock splits are also gaining attention. Stock splits allow companies to adjust their stock price and shares outstanding without impacting market capitalization. There are two types of stock splits: forward and reverse, with forward splits making shares more affordable for investors and reverse splits … Read more

Intel’s Entry-Level Desktop CPUs Likely Won’t Receive Arrow Lake Upgrade, Raptor Lake Refresh Expected for Core i3 Replacements

Intel’s Entry-Level Desktop CPUs Likely Won’t Receive Arrow Lake Upgrade, Raptor Lake Refresh Expected for Core i3 Replacements

Intel’s upcoming entry-level “Core Ultra 3” desktop CPUs will not be included in the Arrow Lake-S Family, according to a recent report. Instead, the lineup will feature Core Ultra 9, Core Ultra 7, and Core Ultra 5 models under the “Core Ultra 200” name, leaving entry-level users to stick with existing architectures. It is speculated … Read more

Nvidia Receives Uncommon Downgrade Due to Worries That Demand is Stabilizing ‘As Expected:’ Stock ‘Approaching Full Valuation’

Nvidia Receives Uncommon Downgrade Due to Worries That Demand is Stabilizing ‘As Expected:’ Stock ‘Approaching Full Valuation’

Nvidia Corporation (NASDAQ:NVDA) recently received a rare downgrade from New Street Research. Analyst Pierre Ferragu downgraded the stock from “buy” to “neutral,” citing concerns about its overvaluation. The stock had seen a significant 161% year-to-date surge, with a previous gain of nearly 240% in 2023. Ferragu expressed doubts about further increases in the stock and … Read more