IBM Invests $150 Billion in the U.S. – Big Blue Aims to Remain the Epicenter of Computing and AI!
Reading Time: 5 minutes
IBM announces a US investment of $150 billion over the next five years and aims to solidify its market position in AI and computing. AI orders increased to $6 billion. The software business accounts for 45% of total revenues and provided a key support with +9%. Consulting stabilizes with a backlog of over $30 billion. The launch of the new z17 mainframe in June could ignite the infrastructure business. Companies can accelerate AI implementation. With a convincing revenue outlook, the stock has stabilized at...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
