By Anders Bylund
Publication Date: 2026-06-01 16:11:00
Good old International Business Machines (IBM +9.82%) is on the move again. Big Blue’s stock is up by 9.1% as of 10:55 a.m. ET, setting a fresh all-time high.
IBM got a push from Nvidia (NVDA +4.49%) over the weekend, as the AI chip designer rolled out its Vera Rubin AI accelerators designed to power agentic AI factories. IBM was named as a partner across system building, cloud services, and secure AI storage infrastructure.
International Business Machines
Today’s Change
(9.82%) $29.24
Current Price
$327.04
IBM’s three-way Nvidia play
Nvidia’s Vera Rubin platform is designed for agentic AI workloads, where a single prompt can trigger autonomous multi-step reasoning, data retrieval, and actions.
IBM will participate in this build-out through three channels:
- IBM Cloud will offer Vera Rubin instances with Nvidia’s confidential computing features for…