Arm details new data center chips, says Oracle, Alibaba will use them.
- Arm Ltd, the British chip technology firm being acquired by #Nvidia Corp, gave new details about its next generation of data center technology and said #Oracle and #Alibaba will use the chips.
- Although some countries, including India, are considering banning #Bitcoin, an outright ban in the United States is unlikely, as Wall Street has embraced Bitcoin as an asset class.
- Lackluster results from #Tesla and 3M dragged Wall Street's main indexes lower, shifting investor focus to earnings from big technology companies, including #Microsoft and #Alphabet.