IBM shares plunge 25% as customers shift spending to AI
AI shopping spree pulled spending away from IBM’s infrastructure and software business. Read more at straitstimes.com. Read more at straitstimes.com.
Washington - IBM shares plunged 25 per cent on July 14 after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected high… [+3142 chars]