IBM gains after unveiling chip tech smaller than 1 nanometer
BUZZ-IBM gains after unveiling chip tech smaller than 1 nanometer ** IBM's IBM.N shares rise 5.4% to $277 premarket
** Co unveils tech for chip smaller than 1 nanometer
** 0.7-nm chip packs nearly 100 bln transistors onto fingernail-sized surface
** Tech has new design called "nanostack" that stacks transistors on top of each other in three dimensions, fitting more into less space
** Co says production could begin within 5 years
** Up to last close, stock fell 11.2% so far this year
(Reporting by Anhata Rooprai in Bengaluru)
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