IBM’s AI Hardware Surge Slows Revenue | Business and Finance News

IBM’s latest earnings reveal a surprising slowdown: revenue rose just 1% year-over-year, a stark reversal from their 9% Q1 surge fueled by their new mainframe. The culprit? A last-minute corporate rush to buy servers, storage, and memory before prices spiked — catching IBM off guard and pushing key deals into limbo. As chipmakers like Micron see revenue explode, the AI hardware frenzy is reshaping corporate spending priorities. The real test? Whether IBM’s delayed deals resurface or signal a deeper industry shift — and how this ripple effect will play out across the tech earnings calendar. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/08a809d5ae12dbd9