IBM (NYSE: IBM) faces a critical time in its history. Even before the negative financial effects of COVID-19 became a concern, IBM faced a major transition with Arvind Krishna preparing to take the CEO role. Now, with coronavirus putting deep pressure on IBM stock and the market in general, the stakes for investors have become that much more significant.
IBM technically still stands for "International Business Machines," and certainly, investors should not forget about its supercomputers. Researchers use these machines for multiple applications. Among other uses, they are running simulations to help in the fight against coronavirus. The demand for quantum computing is also such that the company announced it would build a second quantum computer in Germany, which should be operational by early 2021.
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Source Fool.com