Increasing investor interest towards International Business Machines Corporation (IBM) is evident, with multiple asset management companies expanding their stock positions in IBM, despite some selling off their shares. IBM is considered one of the strongest long-term dividend stocks to hold. The company’s intrinsic value is believed to be 33% above its current share price, indicating it is undervalued. The firm's robust AI and cloud strategy are predicted to fuel strong growth. In technological advancements, IBM has had a breakthrough in optics technology to revolutionize generative AI and data center efficiency. A partnership with UFC promises AI-powered insights to revolutionize fight analysis while collaboration with SEforALL aims for AI-powered solutions catering to sustainable urbanization and energy needs. Furthermore, plans to build the National Quantum Algorithm Center in Chicago alongside various universities were revealed. Predictions suggesting cars to be AI-powered and software-defined by 2035 have surfaced. Lastly, IBM CEO advocates for restrained AI regulation warning against overzealous policies.
International Business Machines Corporation IBM News Analytics from Fri, 26 Jul 2024 07:00:00 GMT to Sat, 14 Dec 2024 12:31:58 GMT -
Rating 7
- Innovation 8
- Information 5
- Rumor 3
