IBM's slowing cloud growth eclipses upbeat third-quarter results

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IBM recorded a slowdown in growth in its key cloud software segment, overshadowing booming AI-driven demand for the company's new mainframe that drove third-quarter sales and profit above Wall Street estimates on Wednesday. Slower growth in IBM's hybrid cloud segment, housed within its software unit, raised alarm bells across investors betting heavily on Big Blue's ability to benefit from booming demand for cloud services, as artificial intelligence adoption rises. The company's shares, which

IBM's slowing cloud growth eclipses upbeat third-quarter results https://www.channelnewsasia.com/ - 23.10.2025 00:22

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IBM's slowing cloud growth eclipses upbeat third-quarter results https://www.channelnewsasia.com/ - 23.10.2025 00:22