- IBM is trading at +2.26% at $277.77 following significant company-specific developments.
- The company announced a semiconductor milestone with the unveiling of a 0.7 nm βnanostackβ chip architecture, aiming for significantly higher performance and energy efficiency.
- IBM also revealed plans to spin out Anderon as a standalone quantum wafer foundry, backed by a $1 billion CHIPS Act award and a matching investment from IBM.