Wednesday, December 28, 2022

As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety (Jordan Novet/CNBC)

Jordan Novet / CNBC:
As the Nasdaq closes its worst year since 2008, IBM was a bright spot for tech companies with a $50B+ market cap, rising 6% in 2022, as investors sought safety  —  - IBM is up 6% in 2022, topping every large-cap tech stock.  — The company has bolstered its consulting business …



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Sources: DeepSeek plans to use 160K+ of Huawei's Ascend 950DT chips at an Inner Mongolia data center, which would create one of the largest Huawei chip clusters (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: DeepSeek plans to use 160K+ of Huawei's Ascend 950DT chips at an Inner Mongolia data center,...