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Amazon says 40% of CapEx going to AWS - trims $1 billion by extending server life
AWS now a $71 billion business
Cloud
AMD reports a storming quarter as hyperscalers launch 130+ AMD cloud instances
All major players unveiled AMD cloud products, as chipmaker’s CPUs continue to beat Intel on performance.
Featured
IBM reports its best growth in a decade as transformation kicks in
"We are now a 30% consulting company, a 70% technology company.”
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Red Hat rescues IBM from otherwise grim Q3 ahead of "Kyndryl" spinoff.
"The one that performed exactly according to what we wanted was Red Hat"
Enterprise IT
Nike's digital ambitions hit supply chain snags, as two worlds collide
Nike is pursuing a more "direct, member-centric business model"
Enterprise IT
BoA, Citi, Goldman, JPMorgan, Wells Fargo’s earnings calls show focus on DX, risk, automation
JPMorgan CFO: "What's really particularly exciting is..."
Enterprise IT
IBM returns to growth on cloud boom, buoyant mainframe sales.
Big Blue's new leaders are making good progress...
Featured
Capita eyes a juicy chunk of HMG IT spend -- plans hardware, software disposals under aggressive restructuring.
Company eying a "big increase" in gov't contract pipeline.
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Zoom reports 5,000% rise in annual profits, aims to double down on Apps ecosystem.
"If you look at it from a CIO or IT perspective..."
Enterprise IT
NVIDIA earnings blow off the ceiling, as industry DC demand outstrips hyperscalers: Company confident on Arm buyout.
Industry verticals outstrip hyperscalers in GPU DC demand.
Enterprise IT
HSBC writes down $1.3 billion in "software intangibles", vows accelerated tech investment.
Tech investment protected even as costs cut elsewhere.
Enterprise IT
Micron blames earthquake for Q2 DRAM supply constraint, says cloud memory demand "here to stay".
Silicon swapped for metal control gate in latest NAND.