New all-time high thanks to an old video? IBM stock surges after viral post
Summary
IBM shares jumped to a new all-time high after a viral old video of Donald Trump praising IBM spread on X. The stock had already been rising sharply before the post, driven by broader investor momentum. A major recent catalyst was IBM’s announcement with the U.S. Commerce Department to each invest $1 billion in Anderon, a U.S. foundry for quantum chips. The U.S. government is expected to take a minority stake in the venture. The article frames the rally as a mix of genuine strategic news and short-term social-media hype.
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