Latest news with #InternationalBusinessMachines
Yahoo
an hour ago
- Business
- Yahoo
International Business Machines (NYSE:IBM) Unveils Ambitious Quantum Roadmap With 'Starling' Initiative
International Business Machines announced its plan for the IBM Quantum Starling, marking a major leap in quantum computing by 2029. This ambitious project aligns with IBM's broader technological advances, potentially influencing investor sentiment. Over the last quarter, IBM's share price increased 9%, demonstrating a strong performance. The increase in dividends and announcements of strategic product launches and partnerships played significant roles in this upward momentum. Despite the competitive tech landscape, as reflected by market-wide indices reaching new highs, IBM's developments likely reinforced its position, sustaining gains against broader market movements. We've spotted 4 possible red flags for International Business Machines you should be aware of. AI is about to change healthcare. These 22 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. IBM's announcement of the IBM Quantum Starling project represents a significant venture into quantum computing, potentially altering how investors view the company's growth strategy. The focus on technological advancements such as this aligns with IBM's emphasis on expanding its hybrid cloud and AI sectors, which are crucial for driving long-term revenue and earnings growth. However, reliance on economic stability and consulting services poses challenges, particularly if broader market conditions falter. The potential slowdown in hybrid cloud and AI adoption, as indicated in the narrative, could directly impact revenue projections and net margins. Over a five-year period, IBM's total shareholder return, including share price appreciation and dividends, was 192.41%, providing a substantial gain for investors. This performance places it favorably compared to recent one-year returns where the company also outpaced both the US IT industry and broader US market indices. Such a robust long-term return might encourage investor confidence, despite current market volatility. IBM's current share price of US$253.37 remains close to the consensus price target of US$253.27, indicating limited immediate upside as per market analyst expectations. The bearish consensus suggests a fair value closer to US$183.83, presenting an opportunity for adjustment if earnings fail to meet forecasted growth and if the competitive pressures in the tech industry are underestimated. The company's extensive engagement in innovative projects like the Quantum Starling could influence upward revisions in earnings forecasts if successfully implemented and adopted across key sectors. Examine International Business Machines' earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:IBM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
International Business Machines (NYSE:IBM) Unveils Ambitious Quantum Roadmap With 'Starling' Initiative
International Business Machines announced its plan for the IBM Quantum Starling, marking a major leap in quantum computing by 2029. This ambitious project aligns with IBM's broader technological advances, potentially influencing investor sentiment. Over the last quarter, IBM's share price increased 9%, demonstrating a strong performance. The increase in dividends and announcements of strategic product launches and partnerships played significant roles in this upward momentum. Despite the competitive tech landscape, as reflected by market-wide indices reaching new highs, IBM's developments likely reinforced its position, sustaining gains against broader market movements. We've spotted 4 possible red flags for International Business Machines you should be aware of. AI is about to change healthcare. These 22 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. IBM's announcement of the IBM Quantum Starling project represents a significant venture into quantum computing, potentially altering how investors view the company's growth strategy. The focus on technological advancements such as this aligns with IBM's emphasis on expanding its hybrid cloud and AI sectors, which are crucial for driving long-term revenue and earnings growth. However, reliance on economic stability and consulting services poses challenges, particularly if broader market conditions falter. The potential slowdown in hybrid cloud and AI adoption, as indicated in the narrative, could directly impact revenue projections and net margins. Over a five-year period, IBM's total shareholder return, including share price appreciation and dividends, was 192.41%, providing a substantial gain for investors. This performance places it favorably compared to recent one-year returns where the company also outpaced both the US IT industry and broader US market indices. Such a robust long-term return might encourage investor confidence, despite current market volatility. IBM's current share price of US$253.37 remains close to the consensus price target of US$253.27, indicating limited immediate upside as per market analyst expectations. The bearish consensus suggests a fair value closer to US$183.83, presenting an opportunity for adjustment if earnings fail to meet forecasted growth and if the competitive pressures in the tech industry are underestimated. The company's extensive engagement in innovative projects like the Quantum Starling could influence upward revisions in earnings forecasts if successfully implemented and adopted across key sectors. Examine International Business Machines' earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:IBM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Mint
7 hours ago
- Business
- Mint
IBM has a roadmap to a ‘fault-tolerant' Quantum computer by 2029
International Business Machines said Tuesday it has a plan for building what it calls the world's first large-scale, fault-tolerant quantum computer at its New York data center before the end of the decade. The computer, called IBM Quantum Starling, will be housed in its Poughkeepsie, N.Y., center and have 20,000 times the computational power of today's quantum computers, the tech giant said. 'I feel more comfortable than ever that a fault-tolerant quantum computer will exist before the end of this decade," said Jay Gambetta, IBM's vice president of quantum. 'We are putting error-correction in detail on our roadmap because we believe now we've solved all the scientific challenges." Quantum computers are susceptible to instability, requiring quantum error correction—a technique that identifies and addresses errors in computations—and more broadly, quantum fault-tolerance, the ability to operate even with errors present. Among the companies racing to build a practical quantum computer, from tech giants like Microsoft and Google to quantum companies like D-Wave, Quantinuum and IonQ, IBM isn't the only one that has promised a fault-tolerant computer by 2029. Others have recently made progress in the area of error correction, including Amazon, with its Ocelot quantum computing chip, which it said can reduce quantum errors by up to 90%. Google is also focused on error correction with its Willow chip. Quantum computers store information as quantum bits—otherwise known as qubits—which can exist as a zero and a one at the same time and so are much richer objects than the binary digits that ordinary computers use. That makes them capable of much more powerful types of computations than ordinary computers, and could mean they can help engineer materials at the molecular level, or even crack the defenses used to secure the internet. But one of quantum computing's major problems is that qubits generate errors as they tackle problems. They're fragile, and susceptible to 'noise," essentially small environmental disturbances that can force them out of their quantum state. That's made the quest to build a so-called fault-tolerant quantum computer a priority for tech giants and quantum companies alike. Gambetta said IBM's confidence in its 2029 timeline stems from two recent developments: further advances in a new approach to reducing errors called 'quantum low-density parity check" or qLDPC codes, plus a technique for identifying and correcting errors in real-time using conventional computing. Additionally, quantum computing startup SEEQC is expected to announce a collaboration with IBM this week as part of the U.S. Defense Advanced Research Projects Agency's Quantum Benchmarking Initiative, which is aimed at evaluating quantum companies' ability to achieve utility-scale operation. As part of the partnership, the two companies will work to shrink and consolidate IBM's racks of control hardware by transferring some control and readout elements directly onto a chip. SEEQC manufactures its own quantum chips, known as integrated QPUs, in a factory in Elmsford, N.Y. IBM is releasing more detailed plans for its large-scale quantum computer at this point because it hopes to spur developers' interest in creating quantum algorithms—a key part of the software that will run on quantum computers. That's critical to achieving a return on investment for quantum computers, a metric that matters to businesses, Gambetta said. But, at this point, it's not clear how IBM's breakthroughs 'translate into tangible business value," and the transformative potential of fault-tolerant quantum computers is still speculative, said Chirag Dekate, an analyst at IT research and consulting firm Gartner. IBM's plans are also light on details about its new quantum computer's commercial availability, and specific dates for when its error-corrected systems will be released, Dekate said. In response, IBM asserted that it has the most detailed roadmap and plans for commercialization in the industry. 'This is inherently hard to do because quantum innovation has many moving parts," Dekate said. 'The reality in quantum is that we are not yet at the ChatGPT-like moment where the technology, algorithms and impact become visceral and undeniable." At the same time, the comprehensive nature of IBM's plans to build its fault-tolerant quantum computer is worthy of note, said Heather West, an analyst at International Data Corp. IBM's plans should serve as a wake-up call to businesses and the tech community to pay attention to the speed at which quantum computing is advancing, West added. 'When you hear this announcement by IBM, as well as others by other hardware vendors, you realize that this is a real technology, and it's coming to fruition as we speak," she said. Write to Belle Lin at and Isabelle Bousquette at
Al Etihad
8 hours ago
- Business
- Al Etihad
IBM aims for quantum computer in 2029, lays out road map for larger systems
10 June 2025 14:21 SAN FRANCISCO (Reuters) International Business Machines on Tuesday said it plans to have a practical quantum computer by 2029, and it laid out the detailed steps the company will take to get computers tap into quantum mechanics to solve problems that would take classical computers thousands of years or more. But existing quantum computers must dedicate so much of their computing power to fixing errors that they are not, on net, faster than classical which also said it aims to have a much larger system by 2033, plans to build the "Starling" quantum computer at a data center under construction in Poughkeepsie, New York, and said it will have about 200 logical qubits. Qubits are the fundamental unit of quantum computing, and 200 qubits would be enough to start showing advantages over classical is chasing quantum computing alongside other tech giants such as Microsoft, Alphabet's Google and as well as a range of startups that have raised hundreds of millions of dollars in of them are tackling the same basic problem: Qubits are fast but produce a lot of errors. Scientists can use some of a machine's qubits to correct those errors, but need to have enough left over for doing useful changed its approach to that problem in 2019 and says it believes it has landed on a new algorithm that will drastically reduce the number of qubits needed in error an interview, Jay Gambetta, the vice president in charge of IBM's quantum initiative, said the company's researchers took a different tack than they had historically, when they would work out the scientific theory of an error-correction method and then try to build a chip to match that IBM's quantum team looked at which chips were practical to build and then came up with an error-correction approach based on those chips. That has given IBM confidence to build a series of systems in between this year and 2027 that will eventually result in larger systems. "We've answered those science questions. You don't need a miracle now," Gambetta said. "Now you need a grand challenge in engineering. There's no reinvention of tools or anything like that."
Bloomberg
6 days ago
- Business
- Bloomberg
IBM Said to Have Pursued Informatica Ahead of Salesforce Deal
International Business Machines Corp. pursued Informatica Inc. before Salesforce Inc. bought the software company for $8 billion last month, according to people familiar with the matter. IBM had held takeover talks in recent months with Informatica, the people said, asking not to be identified because the matter is private.
