International Business Machines Corporation (IBM)
IBM: Don't Overpay For The Dividends
IBM's fair value is estimated to be around $145 per share using a dividend discount model with an 8.2% required rate of return. Despite improving business performance, IBM's stock appears overvalued based on traditional price multiples and historical valuation metrics. IBM remains a robust dividend payer, benefiting from potential lower interest rates and improved macroeconomic conditions.
IBM Joins AI Chip Race with Mainframe-Focused Processor
IBM has unveiled an upgraded computer chip that could give its customers an AI boost, potentially reshaping how some industries handle data-intensive tasks. For big businesses still relying on IBM's powerhouse mainframe systems, the Telum II processor could mean smarter, faster operations in an increasingly AI-driven world.
IBM to Shut Down China R&D Operations: Will the Stock Benefit?
International Business Machines announces the closure of its hardware research team in China due to geopolitical tensions between the world's two largest economies.
IBM Unveils Processor Innovations to Boost AI on IBM Z Platform
International Business Machines Corporation IBM has unveiled the architecture of the upcoming IBM Telum II Processor and IBM Spyre at Hot Chips 2024. Designed to enhance processing capacity in next-generation IBM Z mainframe systems, these technologies will accelerate the use of traditional and large language AI models through an innovative ensemble artificial intelligence (AI) method.
Zacks Industry Outlook IBM, Hewlett Packard Enterprise and Eni SpA Agilysys
IBM, Hewlett Packard Enterprise and Eni SpA Agilysys have been highlighted in this Industry Outlook article.
IBM Is America's Worst Big Tech Company
24/7 Wall St. Insights International Business Machines Corp.
IBM says will end research and development work in China
US computer giant IBM confirmed Monday it would close its research and development arm in China.
IBM Latest US Firm To Pull Back From China
IBM (IBM) reportedly is closing its China research and development (R&D) department and moving those functions overseas.The Wall Street Journal said IBM executive Jack Hergenrother informed employees of the move in a virtual meeting Monday.
IBM shuttering China research labs, laying off 1,000 employees
International Business Machines Corp (NYSE:IBM) has revealed it will be shuttering its research and development (R&D) operation in China, impacting more than 1,000 jobs. The tech company on Monday confirmed earlier media reports about the closure, stating to Reuters: "These changes will not impact our ability to support clients across the Greater China region.
International Business Machines Corporation (IBM) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
IBM closing research unit in China: WSJ
IBM Corp. IBM is shutting down its research and development department in China in a move that will affect 1,000 jobs as technology companies continue moving out of the country, the Wall Street Journal reported Monday. IBM broke the news in a virtual meeting with employees in Asia, the WSJ reported. Employees told the WSJ some of the jobs will move to other locations such as Bangalore, India. An IBM China spokesperson did not comment, the WSJ said. IBM's stock fell 0.2% in premarket trading on Monday.
IBM Cuts China R&D Operations. What It Means for the Stock.
International Business Machines is moving the functions to other overseas facilities, The Wall Street Journal reported.
