BREAKING
IBM Shares Plunge Up to 25%
0
B
Q2 revenue
0
%
YoY growth
0
$
adj. EPS
The AI Budget Shift
1
Software budgets
↓
2
Deals stall
↓
3
AI servers & memory
0
B
low estimate
0
B
high estimate
0
%
stock drop
Winners vs Losers
Under pressure
Software
●
IBM missed deals
●
Salesforce, Adobe hit
●
TCS, Infosys watched
In demand
AI hardware
●
GPU servers
●
Memory & storage
●
Tight supply
Full Results Due July 22
AI NEWS BLITZ
IBM's stock tumbled as much as 25% after a surprise revenue warning.