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AI & Enterprise

IBM CEO says only 2 percent of software will be replaced by AI, seeks to calm market after weak results

IBM played down market concerns that generative AI will threaten its software business, saying only about 2 percent of its software could be replaced by AI and most products support customers’ AI use. CEO Arvind Krishna said IBM’s software enables real-time data use and lowers data-management costs. IBM shares are down about 30 percent this year. The company cited a mainframe slowdown and lowered its software growth outlook to 6 to 8 percent.

Industry

Memory prices set for another surge, up to 50 percent in Q3, AI-driven supply crunch seen until 2028

Memory prices are expected to jump 40 to 50 percent in the third quarter of 2026 from the previous quarter and rise another 30 to 40 percent in the fourth quarter. Jefferies Equity Research sees little clear improvement through 2028, citing supply shortages driven by rising AI demand. Long-term contracts and delayed capacity additions could keep consumer supply tight, while a U.S. lawsuit alleges major makers inflated prices.

Industry

When will memory prices fall? Industry on alert as Q3 gains seen at up to 50 percent

Memory prices could rise sharply in the second half of 2026, with one analyst forecasting a 40 to 50 percent quarter-on-quarter jump in the third quarter and a further 30 to 40 percent rise in the fourth. The outlook cites cloud companies securing a large share of output and seeking sizable advance payments. Other forecasts are lower. Signs of stress are also emerging in older DDR2 and DDR3 markets, and firms warn costs could hit PC and laptop prices.