Kyndryl Holdings Inc. (NYSE:KD) saw a rise in its shares in early trading on Thursday following news that the company was considering a joint offer for DXC Technology Company (NYSE:DXC). According to Oppenheimer, this development signifies an interesting investment opportunity, as Kyndryl is expected to experience revenue growth, margin expansion, and earnings exceeding $3 in … Read more
Intel has announced the development of a new Optical Computing Interconnect Chiplet. This new technology is aimed at improving the speed and efficiency of interconnecting chips in high-performance computing systems. The chiplet uses light to transfer data between chips, which is much faster than traditional electrical connections. Intel’s new chiplet is expected to revolutionize the … Read more
Intel is currently facing a class-action lawsuit that accuses the company of misleading investors about the financial performance of its foundry. The lawsuit, filed by law firm Levi & Korsinsky, invites Intel investors to join the legal action against the chipmaker. The lawsuit claims that Intel failed to disclose the losses incurred by its manufacturing … Read more
Antonio Neri, CEO of Hewlett Packard Enterprise, delivered a powerful speech at the HPE Discover event in Las Vegas, highlighting the company’s commitment to AI innovation. Neri emphasized the importance of ethical AI principles, privacy, inclusivity, and responsibility. He showcased use cases of AI in healthcare and agriculture, demonstrating the positive impact of AI technologies … Read more