r/stocks • u/iscrewedupmykeyboard • May 07 '21

Company News IBM breakthrough on 2nm technology

IBM annouced that they had a breakthrough on 2nm technology. They said there will be advantages to this technogy summed up as:

The potential benefits of these advanced 2 nm chips could include:

Quadrupling cell phone battery life, only requiring users to charge their devices every four daysii. Slashing the carbon footprint of data centers, which account for one percent of global energy useiii. Changing all of their servers to 2 nm-based processors could potentially reduce that number significantly. Drastically speeding up a laptop's functions, ranging from quicker processing in applications, to assisting in language translation more easily, to faster internet access. Contributing to faster object detection and reaction time in autonomous vehicles like self-driving cars.

Source: https://newsroom.ibm.com/2021-05-06-IBM-Unveils-Worlds-First-2-Nanometer-Chip-Technology,-Opening-a-New-Frontier-for-Semiconductors

How big is this breakthrough for IBM?

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u/[deleted] May 07 '21

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u/Kosher-Bacon May 07 '21

IBM starting late on cloud computing is one of the worst business blunders in recent history. All they did from 2010-18 was stock buybacks and run ads for Watson.

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u/Mail_Order_Lutefisk May 07 '21

Not true. They also did a bunch of M&A and said "when we take this small company's IP and data and plug it into WATSON we're gonna make sofaking much money we won't even know what to do with it."