Monday, October 19, 2020

IBM posts double-digit cloud revenue growth; says customers deferring some projects

International Business Machines Corp edged past Wall Street estimates for quarterly revenue, bolstered by higher demand for its cloud services, a business it is staking its future on as it prepares to spin off one of its legacy units. IBM shares, however, fell 3% after the company stayed away from issuing a forecast for the current quarter. https://ift.tt/35hBBgT

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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...