IBM's Mainframe Revenue Collapses 42% as AI Boom Diverts Customer Spending
IBM's Q2 2026 earnings miss triggered a historic 25% stock decline after mainframe sales plummeted, though executives insist the downturn is temporary.
IBM's Q2 2026 earnings miss triggered a historic 25% stock decline after mainframe sales plummeted, though executives insist the downturn is temporary.