IBM’s Black Tuesday exposes a new economic fault line
Company was caught off guard by how quickly corporate spending priorities have changed in the wake of AI memory chip mania
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 gets sucked into the AI-powered memory chip vortex Business Insider —
- IBM workers pay a $400 million price for investing in company stock MarketWatch —