Robbie Whelan

Robb M. Stewart, Robbie Whelan International Business Machines shares sank as much as 25% in morning trading after the company issued a

IBM shares sank as much as 25% as the company issued a profit warning citing a shift in customer spending from software to AI hardware and memory chips.

Shares of the corporate stalwart plunged as AI purchases crowd out traditional tech spending in many companies’ budgets.

Heather Gillers, Robbie Whelan The SaaS-pocalypse has come for IBM.

Anissa Gardizy, Kate Clark, Robbie Whelan Etched, a startup developing AI chips in competition with Nvidia, is set to quadruple its valuation

Robbie Whelan My 8-year-old Lego-maniac son waited with bated breath for two new Lego Smart Play Star Wars sets—Luke's X-wing and Darth Vader's TIE fighter—to come in the mail.

The new Smart Play sets come with motion sensors, lights and sound. But does the legendary building system actually need this digital upgrade?

We suspect every parent reading this is fighting the same quiet war: keeping a child's eyes on something — anything — other than a glowing screen.

Sales of CPUs grew to 58% of revenue for the company, which has pivoted hard to serving the fastest-growing types of AI workloads.

Advanced Micro Devices reported $11.5 billion in revenue for the quarter ended June 27, narrowly beating analysts' expectations and the company's guidance.