Why IBM Stock Jumped 5.3% This Morning

Why IBM Stock Jumped 5.3% This Morning

By Anders Bylund, The Motley Fool
Publication Date: 2026-05-28 17:55:00

Shares of IBM (NYSE: IBM) surged as much as 5.3% higher on Thursday morning, peaking around 10 a.m. ET. Two hours later, Big Blue’s stock is up by 4%, adding $10.0 billion to the tech stock’s market value.

The company is making significant investments in quantum computing and open-source software. The quantum news did most of the market-moving work today, but I’m honestly just as excited about the software news.

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IBM puts $15 billion where its mouth is

In a financial filing, IBM laid out a five-year plan for quantum computing investments. The company will deploy “more than $10 billion” in several parts of the quantum ecosystem, ranging from research efforts to buyouts. The core goal is to build “the first…