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After shocking quarter, IBM insists that AI isn’t killing the mainframe
TechCrunch AI·July 22, 2026·1 min read
AI Summary
IBM's CEO clarified that AI is not harming mainframe sales; instead, it has disrupted corporate hardware budgets. This statement follows a sharp decline in IBM's stock due to warnings about weak mainframe performance.
From the source
After IBM's stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.
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