IBM gets sucked into the AI-powered memory chip vortex
IBM's warning shows how AI infrastructure and cybersecurity spending are reshaping technology budgets.
IBM Shares Plunge 25% on Revenue Warning
- What smart people are saying about what IBM's AI warning says about SaaSpocalypse fears Business Insider —
- IBM shares plummet 25% on weak preliminary earnings SiliconANGLE —
- IBM shares plunge 25% as customers shift spending to AI The Straits Times —
- IBM workers pay a $400 million price for investing in company stock MarketWatch —
- IBM Loses $69 Billion of Market Value in One Day in Latest AI-Fueled Selloff Wall Street Journal —