International Business Machines Corp's Best Moves in 2016 So Far

International Business Machines Corp’s Best Moves in 2016 So Far

IBM (NYSE:IBM) bears often highlight Big Blue’s lack of revenue growth for 17 straight quarters, the slow growth of its cloud business, and the currency headwinds which incessantly gobble up its overseas profits. But despite those challenges, IBM has made some promising moves this year. Let’s look back at three of its best. IBM’s Watson Center at Marina Bay, Singapore. Image source: IBM. Extending its partnership with Nvidia Intel (NASDAQ:INTC) currently controls about 99% of the data center chip market, making it tough for IBM’s Power CPUs to gain much ground. That’s why IBM teamed up with Nvidia (NASDAQ:NVDA) and paired its Power CPUs with Nvidia’s high-end Tesla GPUs for machine learning and AI purposes. Nvidia claims that its Tesla K80 GPU can run certain science applications “significantly faster” than Intel’s…


Link to Full Article: International Business Machines Corp’s Best Moves in 2016 So Far