Sharp to acquire Toshiba's PC business

As the semiconductor giant’s AI chip sales pipeline grows to more than $2 billion, Intel experiences double-digit growth in its PC business and struggles with competition in the data center market in the fourth quarter while it starts executing on its ‘AI everywhere’ strategy.

The acquisition would value Toshiba at 4,620 yen per share or 2 trillion yen in total

A new survey found that UK and European SMEs will up IT investment in 2023 despite concerns about rising costs