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IBM Stock Jumps on Better-Than-Estimated Results, Open-Source AI Strategy
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Key points
- On Thursday, the company released the highest performance on Thursday. With the estimation of its artificial intelligence business, IBM shares increased by nearly 8 % in the listing and trading of Thursday.
- The IBM report said that the income per share after the fourth quarter was $ 3.92, and the visible Alpha consensus was $ 3.79. $ 17.55 billion in revenue is higher than expected.
- CEO Arvind Krishna said that IBM’s “generating AI business books has now exceeded $ 5 billion, exceeding, exceeding the quarter, exceeding nearly 2 billion US dollars.”
IBM (IBM (IBM) On Thursday, the company released the second quarter of the fourth quarter. Artificial Intelligence (AI)-Added business surge.
IBM report adjustment Earnings per share (EPS) The price of $ 3.92 is higher than the consensus estimation of the analyst of the visible Alpha voting 3.79 US dollars. $ 17.55 billion in revenue is higher than expected.
The generating AI business has soared from the third quarter of nearly $ 2B
IBM CEO Arvind Krishna said: “Our generation AI business books are now more than $ 5 billion, more than $ 5 billion, exceeding the quarter of nearly 2 billion US dollars.”
According to the transcript of the income call provided by Alphaense, Krishna added that IBM’s AI products “provide customers with consistent and scalable AI Foundation for open source technology.”
Earlier this week Chinese startup Deepseek Shaking the market, a small part of its cost in the release of its AI model, such as Openai Open source-This means that it is easy to access and anyone can modify or enhance.
In the past year to Wednesday, IBM’s stock price has risen by nearly 22 %.
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