IBM's z17 Mainframe Drives $1.664 Billion Trading Volume Ranking 95th in Stock Market Activity
1min read On April 9, 2025, IBM's trading volume reached $1.664 billion, ranking 95th in the day's stock market activity. IBM's stock price surged by 6.46%.
IBM has introduced the z17 mainframe, a platform designed to integrate AI across various functions, bringing AI workloads closer to enterprise data. This new mainframe is powered by the ibm Telum II processor, which features an on-chip AI accelerator capable of handling 450 billion AI inferencing operations per day. The system's response times are around one millisecond, making it ideal for real-time applications such as credit card fraud detection.
IBM's mainframe systems are known for their reliability and are widely used in critical industries. The z17 is expected to drive a significant increase in mainframe revenue during the second half of the year, following the success of the z16 model. The z16, launched nearly three years ago, delivered a strong product cycle for IBM, with a 30% increase in MIPS over its predecessor.
The z17 mainframe is also expected to boost software and consulting sales, particularly related to AI. IBM has already booked over $5 billion worth of generative AI-related business, with a significant portion coming from consulting signings. As clients upgrade to the AI-enabled z17, other parts of IBM's business could see a boost.
IBM's focus on AI with the z17 mainframe is expected to drive another strong mainframe cycle for the company, maintaining its relevance in the market. The new mainframe's AI capabilities are likely to be in demand from clients, helping IBM achieve its revenue growth outlook for the year.
