Tag: CPUs
When tech companies look for ways to optimize operations, respond to changing market conditions, re-adjust priorities, or even shut down their operation, the impact on employee livelihood can be big. CRN looks at 10 of the most significant tech layoffs that have made their mark so far in 2024. IT Sector Layoffs Still Happening In…
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For the 39th year, solution providers scored vendors across 27 technology categories based on their performance in product innovation, support, partnership, and managed and cloud services. Here’s a roundup of the companies with the highest overall scores. Making The Grade For the 39th year, CRN offered solution providers in North America the opportunity to grade…
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The semiconductor giant’s stock sank nearly 30 percent on Friday, the day after announcing a 15 percent workforce cut and other cost-saving measures, including the suspension of dividends. Shares of semiconductor giant Intel Friday plummeted nearly 30 percent a day after the company unveiled major moves to cut costs, including a massive layoff of roughly…
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AWS capabilities around “operational performance and security … and a deeper partner ecosystem” remain differentiators in the cloud race, Amazon.com CEO Andy Jassy said. Amazon Web Services partners, and Amazon itself, are seeing increased work around preparing customer data for artificial intelligence – which will also drive growth in the vendor’s cloud business, though AI…
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‘Our revenues have not grown as expected – and we’ve yet to fully benefit from powerful trends, like AI. Our costs are too high, our margins are too low. We need bolder actions to address both – particularly given our financial results and outlook for the second half of 2024, which is tougher than previously…
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Microsoft CEO Satya Nadella was named this week as CRN’s No. 1 Most Influential Executive of 2024. Microsoft executives came armed with data to show a growing artificial intelligence business and assurances that the vendor’s growing expenses to meet AI demand are done responsibly during the tech giant’s fiscal 2024 fourth quarter earnings call Tuesday.…
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AMD CEO Lisa Su says a ‘steep ramp’ of Instinct MI300 GPUs allowed the product family to exceed $1 billion in quarterly revenue for the first time. This meant the MI300 chips made up more than a third of AMD’s reported $2.8 billion in second-quarter data center revenue. AMD said sales exceeded expectations in the…
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The tech giant, which has seen its stock price fall nearly 40 percent since earlier this year, likely wants to use the funds saved to invest in overcoming a recent slump in its share price and to market share losses to its semiconductor competitors including AMD, Bloomberg reported Tuesday. Intel is looking to eliminate thousands…
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Here’s a look at the tech industry companies that saw the biggest share price gains and losses in the first six months of 2024 including Nvidia, Dell Technologies, UIPath and Lumen Technologies. A Booming Year For Many Tech Stocks – So Far Fueled by anticipated growth from new AI technologies and products, many IT companies…
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Despite losing its North America channel chief for a second year in a row, AMD says its commitment to the channel has ‘only strengthened’ as the chip designer bets its next phase of growth on the promise of AI to compete with Intel, Nvidia and others. AMD said its commitment to the channel has “only…
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