IBM CEO Arvind Krishna expressed optimism about quantum computing applications while discussing the company's profit strategy and AI integration at the Mizuho Technology Conference in New York.
Krishna outlined IBM's approach to monetizing quantum technology, emphasizing near-term commercial opportunities alongside long-term development. The CEO addressed the Trump administration's investment in IBM, framing government support as validation of the company's quantum roadmap.
Beyond quantum, Krishna highlighted AI's expanding role across IBM's business segments, noting the technology's integration into existing enterprise solutions. The company continues balancing investments in emerging technologies with profitability targets.
IBM's quantum strategy focuses on building practical applications for enterprise clients rather than pursuing theoretical breakthroughs alone. Krishna stressed the importance of cloud-based quantum access, allowing customers to experiment without massive capital expenditure.
The CEO's comments reflect IBM's pivot toward hybrid cloud and AI services as primary growth drivers, while quantum computing serves as a complementary innovation pillar. IBM maintains partnerships with academic institutions and tech firms to accelerate quantum development timelines.
Qualcomm shares gained 2% as the company launched its Snapdragon Summit, announcing two new flagship mobile platforms. CFO Akash Palkhiwala outlined plans to deploy the technology across hundreds of millions of devices.
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