IBM issues rare mid-quarter warning as AI-driven memory shortage shifts enterprise spending away from software

Digitimes
Jul 14, 2026, 8:52 pm181 ptsTrendingTop
A rare mid-quarter warning from IBM triggered the sharpest single-day decline in the company's 115-year history on Tuesday, and the reasons chief executive Arvind Krishna gave point to a broader shift: the AI-driven global memory shortage is pulling corporate technology budgets away from software and mainframes…

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