Technology

At the 12 October Open Compute Project summit, Cisco reported that leading hyperscale operators had deployed systems powered by Silicon One P200 in production. Those systems address connections between locations, including the latency and congestion requirements associated with coordinated AI workloads.

On 21 October, CrowdStrike announced that it was integrating Falcon Guardian, its AI Detection and Response offering, with NVIDIA OpenShell secure runtime software. It also plans an integration with NVIDIA Sentry for enforcement within infrastructure silicon.

Verizon added 406,000 postpaid phone connections in 3QFY26, its strongest third-quarter result in five years. Postpaid account net additions reached 137,000, the best quarterly performance in more than a decade.

Revenue was USD 28.05bn in 3QFY26, broadly unchanged YoY. Gross margin increased to 19.6% from 18.0%, but operating expenses rose 39% YoY to USD 4.78bn. Operating income consequently declined to USD 718mn from USD 1.62bn, taking the operating margin to 2.6%.

The concurrent underwritten offerings comprise approximately USD 22.5bn of Class A common shares under forward sale arrangements and approximately USD 12.5bn of depositary shares representing mandatory convertible preferred stock. Underwriter options could increase the respective amounts.

Revenue increased 25% YoY to USD 16.1bn in 2QFY26. GAAP gross margin improved to 40.4% from 27.5%, while operating margin reached 11.1%. Nevertheless, the company reported a USD 11.0bn net loss attributable to Intel, or USD 2.16 per share.

Broadcom announced a ten-year agreement in Japan to support a major telecommunications private cloud. The arrangement covers licences, technical assistance and maintenance, with VMware Cloud Foundation as the operating base. Its objectives include continuous service availability, stronger security and faster delivery of digital services.