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Qualcomm Keen to Buy Arm Stake in Chip Designer’s Upcoming IPO, CEO Says

Qualcomm is keen to buy a stake in SoftBank Group Arm in the U.K. chip designer’s upcoming initial public offering, CEO Cristiano Amon has said. The U.S. chipmaker is interested in investing alongside its rivals, Amon told the Financial Times in an interview. Qualcomm (ticker: QCOM) has not yet spoken to SoftBank about a potential investment in Arm, Amon told the FT. Read More...

MarketWatch

HPE announces world’s fastest supercomputer

Hewlett Packard Enterprise Co. on Monday said it has developed the world’s fastest supercomputer, Frontier, in partnership with Advanced Micro Devices Inc. and the U.S. Department of Energy’s Oak Ridge National Laboratory. At 1.1 exaflops, Frontier makes over 1,000,000,000,000,000,000 (or one billion-billion) calculations per second.

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