July 22 : IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers. The company also missed profit and revenue expectations f»»»

IBM on Thursday unveiled what it said was the world’s first sub-1nm chip technology — a node it calls the 0.7nm, or 7-angstrom, generation — as tech companies race to build semiconductors that can handle increasingly demanding AI workloads. Shares of the Armonk, New York-based company rose over 6% »»»

IBM said the technology was not ready for mass production yet, with the company expecting to reach the manufacturing stage within five years. (IBM pic) NEW YORK: IBM unveiled new semiconductor technology on Thursday that the company says could deliver computer chips with 50% better performance whil»»»