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IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI

IBM's preliminary second-quarter revenue forecast ​came below Wall Street estimate ‌on Tuesday, as customers prioritized spending on AI infrastructure, including servers, ​storage and memory purchases, sending ​its shares slumping 17% in ⁠premarket trading.

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Jul 14, 2026 - 17:01
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IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI
IBM's preliminary second-quarter revenue forecast ​came below Wall Street estimate ‌on Tuesday, as customers prioritized spending on AI infrastructure, including servers, ​storage and memory purchases, sending ​its shares slumping 17% in ⁠premarket trading.
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