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IBM (IBM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. IBM (IBM) concluded ...

IBM confirmed that it is undergoing layoffs as part of a “workforce rebalancing” disclosed earlier this year. IBM has quietly started a new round of layoffs as part of a previously disclosed ...

IBM Corp. is winding down its research and development group in China, multiple publications reported today. A source told Bloomberg that the move is set to affect fewer than 1,000 employees.

IBM details its upcoming Telum II mainframe chip as well as its Sprye AI accelerator card. Both chips will be available in new mainframe systems next year. IBM should see a revenue boost from ...

IBM's Q2 results exceeded expectations, driven by strong performance in software, consulting, and infrastructure, and a 24% increase in free cash flow. IBM's AI strategy, including the Watsonx ...

IBM's fair value is estimated to be around $145 per share using a dividend discount model with an 8.2% required rate of return. Despite improving business performance, IBM's stock appears ...

According to IBM, attention is not all you need when forecasting certain outcomes with generative AI. You also need time. Earlier this year, IBM made its open-source TinyTimeMixer (TTM ...

IBM Corp. today announced plans to make Intel Corp.’s Gaudi 3 artificial intelligence processor available in its public cloud platform. Gaudi 3 is positioned as an alternative to Nvidia Corp ...

Hong Kong CNN — IBM is cutting more than 1,000 jobs in China, according to multiple state media reports, as geopolitical tension between Beijing and Washington prompts many global companies to ...

Intel has found its first cloud customer for its Gaudi 3 AI accelerator chip: IBM Cloud. IBM and Intel on Thursday said IBM Cloud will begin offering Gaudi 3 to customers early next year.

Chinese employees at US computing giant IBM, once considered a cradle of mainland engineers, have expressed dismay over a terse conference call with the company's American executives on Monday ...