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IBM’s AI Boom Slows Down | Durham News
Jim Cramer urged investors to buy IBM in early July, praising its strong earnings, AI growth, and undervaluation — but just days later, IBM’s Q2 report shocked markets with a 1% revenue slowdown and declines in key segments like mainframes. Cramer’s bullish call now looks risky as AI spending shifts toward infrastructure and security. While some analysts still see value in IBM’s Red Hat growth, dividend, and long-term bets like quantum computing, the real test comes on July 22, when IBM’s CEO must explain if this is a temporary dip or a structural slowdown — and whether the company can…
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