IBM reports strong q3 sales growth amid AI momentum

IBM reported a 5% increase in sales to $17.1 billion for the third quarter of 2026, surpassing market expectations. The software division also saw growth in sales. The company's earnings per share reached $2.95. CEO Arvind Krishna highlighted AI as a key driver of growth, referring to it as a 'tailwind.' The results were discussed by Romaine Bostick with Mandeep Singh and Anurag Rana of Bloomberg Intelligence. The report underscores IBM's strategic focus on artificial intelligence amid rising demand. IBM's financial performance reflects broader industry trends, with AI playing a central role in its growth strategy. The company's emphasis on AI aligns with its efforts to strengthen its position in the technology sector. The Q3 results signal continued momentum for IBM as it navigates the evolving landscape of artificial intelligence.