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Published July 22, 2026 at 11:47 PM

TechCrunch

Jul 23, 2026, 6:00 AM

After shocking quarter, IBM insists that AI isn’t killing the mainframe

After shocking quarter, IBM insists that AI isn’t killing the mainframe

After IBM's stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.

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Canonical URL for this story: https://techcrunch.com/2026/07/22/after-shocking-quarter-ibm-insists-that-ai-isnt-killing-the-mainframe/