IBM Preliminary Earnings Miss Highlight Shift in AI Spending

IBM released preliminary second-quarter results below expectations, citing a shift in client spending from software to hardware like servers and memory. This trend reflects broader supply constraints and rising prices for AI infrastructure components.

By Stefon Walters, The Motley Fool Wed, July 15, 2026 at 3:55 PM GMT+3 3 min read · Yahoo Finance · July 15, 2026, 12:55 UTC

IBM Preliminary Earnings Miss Highlight Shift in AI Spending

Tickers: $IBM $NVDA

Topics: AI revenue_miss spending_shifts

Read the full article at Yahoo Finance

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