Nvidia Q2 results top estimates with big gains in visualization revenue
Revenue from Nvidia's professional visualization segment reached $519 million, up 156% from a year ago,
Latest from Natalie Gagliordi
Marvell acquires networking component provider Innovium for $1.1 billion
Marvell's key interest in Innovium revolves around its switching architecture for cloud and edge data centers.
Dell Technologies to spin VMware into independent company
Dell sees the spin-off as a way to give each company more strategic flexibility and improve capital structure efficiencies, while also maintaining VMware's credit rating and improving its own.
Marvell to acquire optical networking chipmaker Inphi for $10 billion
Technologically, Marvell plans to combine its storage, networking, processor, and security portfolio, with Inphi's electro-optics interconnect platform.
Data center spending to grow 6% in 2021 as enterprises rebound from cash flow restrictions
Gartner has released its latest data center infrastructure forecast, projecting that spending on global data center infrastructure products will reach $200 billion in 2021.
IBM beats Q4 expectations with Red Hat bolstering software sales
IBM said its cloud and cognitive software revenue -- which includes Red Hat -- was up 8.7% to $7.2 billion.
AMD launches Ryzen Pro 3000 Series processors
AMD is touting its latest processor lineup for offering security-centric features and enterprise-grade reliability.
Western Digital buys Kazan Networks to expand data infrastructure portfolio
The company is also aiming to expand its portfolio of fabric-enabled architectures including the OpenFlex composable disaggregated infrastructure platform that was released last year.
HPE raises full year EPS targets after mixed Q3 results
For the fiscal year the company expects non-GAAP EPS to be in the range of $1.72 to $1.76 -- above analyst estimates for $1.67 a share.
HPE reports mixed Q2 as hybrid IT sales decline
HPE said quarterly revenue for its hybrid IT group was $5.6 billion, down 4% year-over-year.