WSJ Tech News Briefing · Thursday, July 30, 2026
IBM is reportedly racing to demonstrate profitability in the quantum computing field, following its largest stock drop in history. This downturn occurred as customers shifted their spending priorities from software to AI hardware and memory chips.
“IBM is racing to show that its business in the nascent field can be profitable after the company suffered its biggest share drop in history earlier this month as customers shifted spending from software to AI hardware and memory chips.”