IBM Shares Climb 3.12% Following Broad Market Surge Driven by AI Infrastructure Spending

Shares of International Business Machines (IBM) surged, driven by widespread market optimism regarding massive AI infrastructure spending and the company's strategic investment in the AI design-to-code platform Anima.

• The surge occurred as the broader market reached record highs, fueled by optimism over AI infrastructure spending forecasts across the technology sector.
• IBM shares closed the session at $298.93, marking a 3.12% increase.