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IBM Q3 beats estimates on AI and mainframes, but Red Hat growth disappoints
Proactiveinvestors NA· 2025-10-22 20:31
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
IBM joins Apple, Nvidia with pledge to invest $150B in US for computer manufacturing
New York Post· 2025-04-28 16:35
Core Viewpoint - IBM plans to invest $150 billion in the US over the next five years, focusing on quantum computer production and supporting local manufacturing initiatives [1][3] Investment Commitment - The investment includes over $30 billion specifically for expanding US manufacturing of quantum computers and mainframes, which are essential for handling large data and critical applications [3] - This announcement aligns with similar commitments from other tech giants like Nvidia and Apple, each pledging approximately $500 billion in the US over the next four years [1][6] Industry Context - Analysts interpret these spending commitments as strategic moves to appease the Trump administration amid concerns over tariffs that could disrupt supply chains and increase costs for the technology sector [2][4] - Recent advancements in quantum computing, such as new chips from Google's Alphabet, have heightened interest in the field, although there is uncertainty regarding the timeline for practical applications [5][8] Financial Overview - IBM reported cash and cash equivalents of $14.8 billion as of December 31, with capital expenditures of $1.13 billion last year and total expenses amounting to $29.75 billion [9]