IBM Shares Crash as CEO Arvind Krishna Admits Company Fell Behind on AI

IBM shares plunge 25% as AI spending boom disrupts business

CEO Arvind Krishna admitted the tech giant ‘did not adapt quickly enough’.

IBM shares set to plunge 23% as customers shift spending to AI

Chief executive Arvind Krishna says large deals slipped as clients redirected money into chips, servers and memory

IBM share price crash: Worst stock slump in over 58 years; $70 bn wiped out - What went wrong?

In a letter to shareholders, IBM Chairman and Chief Executive Officer Arvind Krishna acknowledged that the company had failed to respond qui

'This quarter we faltered': IBM CEO says AI spending shift delayed software deals; shares tumble 26%, dragging tech stocks lower

‘We did not adapt and move quickly enough’: IBM CEO Arvind Krishna laments enterprise spending pivot as company issues profit warning

The memory crisis has hit IBM hard as customers scramble to swerve price increases

IBM CEO's AI Warning Tanks Stock but Boosts Cybersecurity Firms

IBM CEO Arvind Krishna stated that growing concerns around advanced AI are leading companies to pause or reconsider technology deals. The re