IBM Stock Drops 34.97% in Trading Volume, Ranks 55th Despite Two-Day Gain

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 1, 2025 8:10 pm ET1min read

On April 1, 2025, IBM's trading volume reached $1.096 billion, a 34.97% decrease from the previous day, ranking 55th in the day's stock market. IBM's stock price rose by 0.68%, marking two consecutive days of gains, with a total increase of 2.60% over the past two days.

IBM and

have announced the availability of Intel's Gaudi 3 AI accelerators on Cloud. These accelerators are currently accessible in the Frankfurt and Washington, D.C. regions of IBM Cloud, with plans to expand to the Dallas region in the future. This move aims to provide a more cost-effective solution for deploying and scaling AI applications, setting a new benchmark for scalable, cost-effective enterprise AI.

However, there are concerns about the Gaudi 3 AI accelerators. Some industry experts have criticized the software, support, and implementation of the accelerators, noting that they are cheaper than Nvidia's offerings but come with significant challenges. As a result, few companies are adopting the technology, and it is being largely written off by the market.

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