IBM Pledges $3 Billion For Chip Research
IBM on Wednesday pledged to spend $3 billion over five years on semiconductor research, a move to reassure customers that the technology underlying Big Blue’s hardware and software businesses will keep advancing. The computer giant said the money will be directed toward two major tasks—tackling technical obstacles to the miniaturization of circuitry on conventional silicon chips and developing alternative materials and technologies to keeping boosting computing speed while consuming less energy.
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