HCLTech and Arm collaborate on custom silicon chips for AI workloads
HCLTech partners with Arm to develop custom AI silicon chips for data centers, enhancing computing efficiency.
Source: thehindubusinessline.com
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HCL Tech remains an IT outlier. But CEO remains cautious of macro pressures
HCL Technologies topped revenue, headcount growth of IT services' top four in FY24.Despite optimism, a guidance of 3-5% revenue growth in FY25 has raised some concern.C. Vijayakumar, MD and CEO of HCL Technologies, says profitability will be maintained in FY25
Source: livemint.com
it earnings: IT earnings may show worst is over for showpiece sector; all eyes on TCS today
Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for Indias $245 billion-plus IT services sector next year.
Source: indiatimes.com
IT giants add $22 billion to market cap in just 2 days
Led by industry heavyweights TCS Infosys, the four key software companies, have added about $22 billion in market value in just two trading sessions since Thursday, when the Q3 earnings season kicked off. A potential revenue rebound and easing global macroeconomic worries have boosted sentiment.
Source: indiatimes.com
HCL Technologies stocks: Buy HCL Technologies, target price Rs 1880: Motilal Oswal
HCL Technologies Ltd. key Products/Revenue Segments include Software Development Charges and Computer Hardware & Software for the year ending 31-Mar-2023.
Source: indiatimes.com