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Shares fell more than 25% Tuesday, the largest one-day drop on record after the company issued a rare profit warning, citing a shift in customer spending from software to artificial-intelligence ...

IBM’s stock suffered its worst trading day since 1968 on Tuesday after the company admitted it had “faltered” in adapting to the tech industry’s spending shift toward the artificial intelligence race.

An extraordinary warning from IBM CEO Arvind Krishna sent shares plunging – on pace for their worst day in the 115-year-old company’s history. IBM (IBM) shares plunged 24% in premarket trading. Its ...

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IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft Shares in IBM plunged more than 25% on Tuesday after the US tech giant released ...

The company, along with others, is pursuing a new paradigm for cramming more transistors on chips—building up. IBM has built a new prototype chip with around 100 billion transistors on an area the ...

YORKTOWN HEIGHTS, N. Y.—International Business Machines has spent a decade building, testing and improving in the once-theoretical realm of quantum computing at its glass-paneled laboratory complex in ...

The US Department of Commerce is awarding $2 billion to American quantum-computing companies — half of which will go to IBM — to bolster the buildout of super computers that could solve some of the ...

The US government has taken $2 billion worth of equity stakes in nine quantum computing companies, including one linked to the Trump family and another taken public by a current Pentagon official. IBM ...

IBM surpassed consensus on the top and bottom lines, with 9% revenue growth. The company reiterated full-year guidance. The hardware, software and infrastructure provider bought data streaming ...